M&As this week: Liberty House Group, Rock Chemical Industries
Liberty House Group has entered an agreement with Caparo Industries to acquire 100% share capital in steel manufacturing and distributing company Caparo Merchant Bar.
All companies involved in the transaction are based in the UK.
Liberty House Group is engaged in the manufacture and distribution of steel and advanced engineering products, while Caparo Industries specialises in the manufacturing of steel products through its subsidiaries.
Investment holding company Rock Chemical Industries (Malaysia) has announced the acquisition of 100,000 shares in Premier Capacity, a company engaged in mining and owning leasehold land, for MYR10m ($2.33m).
Both companies involved in the transaction are based in Malaysia. Once the deal is complete, Rock Chemical will own a 50.25% stake in Premier Capacity.
A wholly owned subsidiary of Malaysia-based Mega First Corporation, Rock Chemical is engaged in the manufacturing and distribution of limestone-based products.