24 April 2009
Thamesteel and Van Merksteijn Partnership Thamesteel (an affiliate of ATG Group) has recently joined hands in a strategic move with Holland’s Van Merksteijn Group and have acquired controlling interest in Kierbeck Group Limited, the leading reinforcement engineering business in the South East of England. This acquisition is in line with ATG's long-term objective of expanding its down-stream and upstream steel operations and ensuring a wider share of the steel value chain. ATG’s total cut and bend capacity in the UK and Europe is now estimated at over 400,000MT. As part of this deal, the management structure of Kierbeck will remain unchanged and will retain a substantial interest in the business. This move will bring new strategic strength to Kierbeck in developing it’s business in the future, and is in line with the strategic objectives of Thamesteel and Van Merksteijn.
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