Tokyo headquartered Marubeni-Itochu Steel has acquired the entire share capital of the Barclay & Mathieson in UK. Barclay & Mathieson Group includes the divisions B&M Steel, B&M Architectural, Steel Plate and Sections, Industrial Metal Services, Avon Steel and Abram Pulman Steel. Marubeni-Itochu Steel President & CEO Mr Tatsuhiko Toshita said “MISI are the instant, global supply solution, our worldwide infrastructure will help us catapult the B&M group to the next level”Barclay & Mathieson CEO Mr Mike Walton said “It’s an exciting time for the B&M Group, with further plans for growth in the UK & the rest of the world, the backing of our new parents and the significant resources both financial and operational will enable us to deliver those goals”Marubeni-Itochu is a major supplier of steel products and have divisions in Oil & Gas, Automotive, Shipbuilding, Civil Engineering, Construction & Electrical Appliances along with renewable energy. MISI plans to grow presence within the UK and European markets and the acquisition of the B&M group will add real value adding businesses to its existing portfolio. With plans to invest significantly post acquisition it will be an exciting opportunity to expand and grow further globally.
Tokyo headquartered Marubeni-Itochu Steel has acquired the entire share capital of the Barclay & Mathieson in UK. Barclay & Mathieson Group includes the divisions B&M Steel, B&M Architectural, Steel Plate and Sections, Industrial Metal Services, Avon Steel and Abram Pulman Steel. Marubeni-Itochu Steel President & CEO Mr Tatsuhiko Toshita said “MISI are the instant, global supply solution, our worldwide infrastructure will help us catapult the B&M group to the next level”Barclay & Mathieson CEO Mr Mike Walton said “It’s an exciting time for the B&M Group, with further plans for growth in the UK & the rest of the world, the backing of our new parents and the significant resources both financial and operational will enable us to deliver those goals”Marubeni-Itochu is a major supplier of steel products and have divisions in Oil & Gas, Automotive, Shipbuilding, Civil Engineering, Construction & Electrical Appliances along with renewable energy. MISI plans to grow presence within the UK and European markets and the acquisition of the B&M group will add real value adding businesses to its existing portfolio. With plans to invest significantly post acquisition it will be an exciting opportunity to expand and grow further globally.
