Our history

The GFG Alliance story began more than 60 years ago.

Take a look at some of the highlights during that time.

  1. Parduman K Gupta set up his first venture in Ludhiana, India, making steel fasteners for the biking industry.

  2. Sanjeev Gupta established LIBERTY House Group while studying Economics & Management at Cambridge University.

  3. PK Gupta set up SIMEC as an export and import house in India.

  4. LIBERTY

    LIBERTY grew into a commodity trade house focused on ferrous and non-ferrous metals with offices in London, Dubai, Singapore and Hong Kong

  5. SIMEC

    Opened London, Dubai, Hong Kong and Indian offices as the business refocused primarily on sustainable power, mining and infrastructure assets.

  6. SIMEC

    acquired Uskmouth B Power Station in Newport and renamed it SIMEC Uskmouth Power Station (SUP).

  7. SIMEC

    SIMEC Uskmouth Power Station (SUP) restarted.

    LIBERTY

    restarted Newport mill renaming it LIBERTY Steel Newport.

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    LIBERTY

    purchased second largest UK engineering group Caparo Industries

  8. SIMEC

    SIMEC secured significant stake in Tidal Lagoon Power.

    SIMEC

    unveiled European headquarters in Geneva

    Acquired Mabey Bridge asset with capability to manufacture wind towers and T-Pylons.

    SIMEC

    SIMEC unveiled first Liquid Bio Power renewable plant in Newport, Wales.

    LIBERTY

    LIBERTY reopened the iconic Dalzell steel mill in Scotland

    LIBERTY

    International division LIBERTY Recycling launched

    LIBERTY

    LIBERTY reopened structural hollow sections mill in South Wales

    LIBERTY

    inaugurated new Shanghai office

    Wyelands

    Sanjeev Gupta acquired Wyelands Bank

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    SIMEC

    acquired 2 hydropower stations in the Scottish Highlands and unveiled a fleet of biofuel stations

  9. LIBERTY

    expanded automotive expertise with the acquisition of CovPress and Shiftec.

    LIBERTY

    acquired Tata’s Speciality Steels division.

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    LIBERTY

    LIBERTY acquired 100% of the share capital of Caparo Merchant Bar.

    GFG Alliance

    agrees to purchase Hartlepool Mill

    LIBERTY

    acquired the UK operations of AMTEK

    GFG Alliance

    acquired the Arrium Mining & OneSteel operations in Australia.

    GFG Alliance

    reached agreement with Zen Energy to acquire majority stake in the business.

    SIMEC

    entered into unconditional agreement to acquire Green Highland Renewables.

    SIMEC

    SIMEC Energy and Atlantis Resources join forces to develop tidal power generation.

    LIBERTY

    entered the US market with the acquisition of the Georgetown rod mill.

  10. LIBERTY

    acquired Export Metals in Tampa, USA.

    Wyelands

    acquired shares in Demica and purchased TransWorld Insurance Corporation.

    SIMEC

    invested in Atlantis Resources and bought Green Highland Renewables

    SIMEC

    acquired Tahmoor Coking coal mine in Australia

    GFG Alliance

    enters agreement with Diamond Bank PLC of Nigeria to acquire its UK-regulated banking subsidiary, Diamond Bank (UK) PLC

    LIBERTY

    acquired last French manufacturer of aluminium wheels AR Industries

    LIBERTY

    acquired Aluminium Dunkerque, the largest aluminium smelter in Europe

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  11. LIBERTY

    completed the purchase of KCI, the leading integrated wire rod and wire products producer in the USA

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    LIBERTY

    acquired France’s second largest vehicle converter Durisotti

    GFG Alliance

    completes the acquisition of Diamond Bank UK

    LIBERTY

    purchased Saint Jean Industries and Fonderie du Poitou Fonte in France

    LIBERTY

    expanded wire capabilities in the USA with the purchase of Johnstown Wire Technologies

    LIBERTY

    acquired 7 major steelworks in Europe from ArcelorMittal

    LIBERTY

    LIBERTY Steel Group created

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  12. GFG Alliance

    GFG Alliance buys Adhunik Metaliks, an integrated steel plant in Odisha, marking its entry into India – one of the world’s fastest growing steel markets.

    ALVANCE

    ALVANCE Aluminium Group is created.

    LIBERTY Steel Group

    LIBERTY Steel Group acquires Ascoval and Hayange with a strong industrial plan to create an integrated GREENSTEEL steel rail business.

  13. LIBERTY Steel Group

    LIBERTY acquires TEMCO, a hydro energy-powered smelter in Bell Bay, Northern Tasmania.

    LIBERTY Steel Group

    LIBERTY completes its acquisition for Huta Częstochowa in Poland with an industrial plan to create an integrated GREENSTEEL plate business supplying LIBERTY Ostrava.