02
Jul
14:30
UK stockholder ASD acquires Atlantic Steel assets
Stockholder ASD Limited has acquired the assets of Birkenhead-based plate service centre Atlantic Steel Processing.
Atlantic went into administration earlier this year and initiated an asset sale after weak demand led to cash flow difficulties.
The move marks "a new growth chapter" for ASD under the umbrella of Hierros Añon, one of the largest mill-independent steel distributors in Europe, ASD says. With a site at the Port of Liverpool, ASD will …
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