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The holding company of Liberty Steel, Liberty House Group PTE Ltd is based in Singapore. [3] [4] The company focuses on ferrous and non-ferrous metal trading, metals recycling, steel and aluminium production, and engineering products and services. [5] [6] Gupta controls it through his vehicle GFG Alliance.
ST Engineering Aerospace Engineering Pte Ltd - provides depot level maintenance, aircraft upgrading, refurbishment, major structural repair and life extension programmes for a wide range of military and general aviation aircraft including helicopters. they also provide extensive base and line maintenance services for commercial aircraft such as the B737 and A320.
During the early 2000s recession, heavy losses forced the company, as well as Essar Steel and JSW Steel, into debt restructurings. [2] However, the company was not able to implement a turnaround and in 2010, losses reached Rs 2,500 crore. [2] In 2010, JSW acquired a 41.57% interest in the company for ₹2157 crore and renamed it JSW Ispat Steel.
ST Engineering Land Systems Ltd (STELS), formerly known as ST Kinetics, is a strategic business area of ST Engineering and handles land systems and specialty vehicles.. In 2000, ST Engineering acquired the Chartered Industries of Singapore (CIS) through ST Automotive, a subsidiary of ST Engineering, and the new company was named ST Kinetics.
ST Engineering's history began with its precursor, the Chartered Industries of Singapore, which was established in 1967 by the newly independent Singaporean government as an ammunition manufacturer. Businesses related to aerospace and shipbuilding were later created and put under the ST umbrella.
In 1945, Associated Swedish Steel was created together with four other major Swedish steel producers to sell steel to the new markets in South America, Africa, Middle East and Asia. In 1976, Uddeholm bought the whole of ASSAB and since 1 April 2011, it is fully integrated in Uddeholms AB with the exception of ASSAB Pacific Pte Ltd. [ 1 ]
Mittal Steel Company N.V., incorporated in the Netherlands and headquartered in the United Kingdom, was a steel producer. In 2006, it produced 110.5 million tonnes of steel and had annual production capacity of 138 million tons of steel. [1] In August 2006, it acquired Arcelor to form ArcelorMittal.
Steel Engineering and Vinausteel in 2007: Tata Steel through its wholly owned Singapore subsidiary, NatSteel Asia Pte Ltd, acquired a controlling stake in both rolling mill companies located in Vietnam: Structure Steel Engineering Pte Ltd (100% stake) and Vinausteel Ltd (70% stake). The enterprise value for the acquisition was $41 million.