Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE  
Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel,   BELGIË  
 
Tel: +32 229- 91111. Fax: +32 229 -64301. E -mail: COMP -MERGER -REGISTRY@ec.europa.eu.  
  EUROPEAN COMMISSION  
Brussels, 17.4.2019  
C(2019)  3151 final  
PUBLIC VERSION 
To the notifying parties  
Subject : Case M. 9172 — Liberty House Group/ArcelorMittal Divestment Businesses  
Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) 
No 139/20041 and Article 57 of the Agreement on the European Economic Area2  
Dear Sir or Madam,  
1. On 19 March 2019, the European Commission received notification of a proposed 
concentration pursuant to Article 4 of the Merger  Regulation by which Liberty Steel East 
Europe (Bidco) Limited (UK), indirectly controlled by Mr Sanjeev Gupta , acquires within 
the meaning of Article 3(1)(b) o f the Merger Regulation sole control of the whole of 
Galati/Skopje HoldCo  (UK) , ArcelorMittal Ostrava a.s.  (Czechia) , Paloma S.r.l. (Italy)  and 
four steel service centres in Arcore, Rieti, Quarto In feriore and Graffignana (Italy) , and by 
which Liberty Hous e Group Pte Ltd (Singapore) , also indirectly controlled by Mr Sanjeev 
Gupta, acquires wit hin the meaning of Article  3(1)(b) of the Merger Regulation sole 
control of the whole of Liège Steel Industry  SA (Belgium)  and ArcelorMittal 
Dudelange S.A. (Luxembourg) . The concentration is accomplished by way of purchase of 
shares and assets.3 
2. The business activities of the undertakings concerned are:  
− for Liberty Steel East Europe (Bidco) Limited and Liberty House Group Pte Ltd: part 
of Liberty House Group, a private group active in commodities, metals recycling, and 
the manufacture of steel, aluminium, and engineering products, 
                                                 
1 OJ L 24, 29.1.2004, p. 1 ( the 'Merger Regulation '). With effect from 1 December 2009,  the Treaty on the 
Functioning of the European Union ( 'TFEU ') has introduc ed certain changes, such as the replacement of 
'Community ' by 'Union ' and 'common market ' by 'internal market '. The terminology of the TFEU will be used 
throughout this decision.  
2  OJ L 1, 3.1.1994, p.  3 (the 'EEA Agreement '). 
3  Publication in the Official Journal of the European Union No C 117, 29.3.2019, p. 10. 

2 − for Galati/Skopje HoldCo: active in primary steel production and production of 
different flat carbon steel products in steel production facili ties in Galati (Romania) 
and Skopje (North Macedonia), 
− for ArcelorMittal Ostrava a.s.: active in primary steel production and production of 
flat, long and tubular carbon steel products in Ostrava (Czechia),  
− for Paloma S.r.l.: active in the production of cold rolled, galvanised and organic coated 
flat carbon steel products in Italy, and in steel distribution through a steel service 
centre in Tillet (France),  
− for Liège Steel Industry SA: active in the production of cold rolled, hot -dip galvanised 
flat carbo n steel products and metallic coated steel for packaging with facilities in 
Tilleur and Flemalle (Belgium),  
− for ArcelorMittal Dudelange S.A.: active in the production of hot -dip and electro 
galvanised flat carbon steel products and as a steel service centr e in Dudelange 
(Luxembourg) , 
− for the steel service centres  in Italy : active in steel distribution.  
3. After examination of the notification, the European Commission has concluded that the 
notified operation falls within the scope of the Merger  Regulation  and of paragraph 5( c) of 
the Commission Notice on a simplified procedure for treatment of certain concentrations 
under Council Regulation (EC) No  139/2004.4 
4. For the reasons set out in the Notice on a simplified procedure, the European Commission 
has decid ed not to oppose the notified operation and to declare it compatible with the 
internal market and with the EEA Agreement. This decision is adopted in application of 
Article 6(1)(b) of the Merger  Regulation  and Article 57 of the EEA Agreement . 
5. This decision is without prejudice to the Commission’s  decision on the suitability of 
Liberty House Group as purchaser of the ArcelorMittal Divestment Business es, which are  
divested pursuant to the commitments submitted in case M.8444 – ArcelorMittal/ILVA, 
and of the C ommission’s assessment of whether the terms of the divestiture are consistent 
with the Commission’s decision and the commitments in that case.  
For the Commission 
 
 
(Signed)  
Johannes LAITENBERGER 
Director -General  
                                                 
4  OJ C 366, 14.12.2013, p. 5.