06
Oct
13:40
Marubeni-Itochu Steel acquires UK steel distributor
Marubeni-Itochu Steel Inc. (MISI) has acquired the entire share capital of UK steel distributor Barclay & Mathieson (B&M) Group.
MISI plans to grow its presence within the UK and European markets, and the acquisition of the B&M group will add value-added businesses to its existing portfolio. “With plans to invest significantly post acquisition, it will be an exciting opportunity to expand and grow further globally,” B&M says i…
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