With our proposed funding of up to $100 million structured over the next three years, GFG
will be a cooperative long-term partner for Havilah.
Alliance is an international group of businesses with an integrated business model that encompasses mining, energy generation, metals, and engineering.
As part of a global coalition of industrial enterprises, these sites will join Liberty Steel and GFG
's Greensteel drive to create an economically and environmentally sustainable business, based on low-carbon production methods.
The Alliance comprises Liberty, an integrated industrial and metals business, SIMEC, a resources and infrastructure group Wyelands, a banking and financial services arm, JAHAMA, a division that manages and develops the Alliance's global property holdings, and the GFG
Foundation that focuses on retention and creation of engineering and industrial skills.
On his appointment Mr Barrell said: "This is an exciting opportunity to get the very best performance from the many quality manufacturing assets in my focus sectors that GFG
has acquired over recent years.
Industrial magnate Mr Gupta, saviour of a threatened aluminium smelter in Lochaber, and Atlantis Resources chief executive Tim Cornelius celebrated a reverse takeover handing nearly 50% of Edinburgh-based Atlantis to Mr Gupta's GFG
and Emaar Malls entered into a strategic partnership in 2017 when Emaar Malls acquired a 51% stake in Namshi.
The board also discussed GAA's plans for expansion through the addition of modern equipment and the introduction of new aviation and logistics training programmes aimed at achieving GFG
's vision and GAA's strategy for the development of the logistics training in the kingdom.
Sanjeev Gupta, executive chairman of the GFG
Alliance, said: "Hartlepool went through tough times, but we always had faith that, as part of Liberty, the skills and commitment of the management and workforce there would restore the plant's fortunes, and this is now being borne out by their increasing success.
Winning the contract is a major boon for the Hartlepool facility, which was acquired by Liberty - part of the GFG
Alliance - in 2017 from Tata Steel.
Frankfurt/London: Fitch Ratings has withdrawn the ratings of 48 German cooperative banks that have merged with other rated members of Genossenschaftliche FinanzGruppe (GFG
, Germany's cooperative banking group; group ratings of AA-/Stable/F1+) since end-3Q17.