Sev.en Global Investments Acquires Celsa Steel UK and Celsa Nordics
Deal News | Nov 22, 2024 | Iberian Lawyer

Clifford Chance has advised Sev.en Global Investments, a Czech family office, on its acquisition of the UK and Nordics divisions of Celsa Steel. As the largest steel recycling company in the UK, Celsa Steel UK operates a significant facility in Cardiff with a production capacity of 1.2 million tonnes of low-carbon construction steel annually. Celsa Nordics, a leading steel producer in the Nordic countries, manages an entire production chain from scrap collection to finished products. The advisory team from Clifford Chance was a multijurisdictional effort led by Spanish M&A partner Javier Amantegui and senior associate Pablo Hernández. The team also included partners and associates handling separation, due diligence, and regulatory matters, reflecting a comprehensive and concerted effort to ensure a seamless acquisition process for Sev.en Global.
Sectors
- Steel Manufacturing
- Private Equity
- Legal Advisory
Geography
- United Kingdom – Celsa Steel UK operates a major facility in Cardiff, reflecting the geographical focus on the UK.
- Nordic Region – Celsa Nordics operates within Nordic countries, emphasizing the geographical relevance.
- Czech Republic – Sev.en Global Investments is based in the Czech Republic, highlighting the origin of the acquiring company.
Industry
- Steel Manufacturing – The article discusses the acquisition of Celsa Steel UK and Celsa Nordics, both prominent steel manufacturers.
- Private Equity – Sev.en Global Investments, the company behind the acquisition, operates as a family office specializing in investments.
- Legal Advisory – Clifford Chance provided legal advisory services for the acquisition, showcasing the role of legal firms in M&A transactions.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sev.en Global Investments | Buyer | Company | A Czech-based family office focusing on global investments in power generation and natural resource sectors. |
| Celsa Steel UK | Target | Company | The largest steel recycling company in the UK, known for its Cardiff facility with a 1.2 million tonnes capacity. |
| Celsa Nordics | Target | Company | A premier steel producer in the Nordic region with a fully integrated production chain. |
| Clifford Chance | Legal Advisor | Company | A global law firm providing legal advisory services for the acquisition. |