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Liberty House history
Liberty House company history timeline
In 1898 the Hackfeld and Isenberg family interests in Hawaii were officially reorganized as H. Hackfeld & Co.
In 1918 at the height of World War I, H. Hackfeld & Co. was seized by the American government as alien property (since many of the Hackfeld and Isenberg heirs still lived in Germany), and was sold to a newly formed consortium, American Factors.
In 1969 Liberty House expanded onto the mainland with Amfac's purchase of the Rhodes Western department stores, a long-time consolidator of department stores.
Liberty House closed nine of its ten California stores in 1984 due to poor sales.
Growing in steel since 1992
1992: The GFG Alliance is an international business group associated with the Gupta family.
In 2001, after emerging from bankruptcy, the company was acquired by Federated Department Stores and merged into Macy's West.
In 2005 Georgetown Steel was bought by Lakshmi Mittal.
2007: Dubai office opens.
2012: Liberty unveils new Hong Kong office.
2013: Liberty acquires MIR Steel Newport, a two million tonne / year steelworks.
2015: Liberty Steel Newport recommences steel production.
2016: Liberty purchases EAF, caster and rolling mills of former Sheerness Steel.
2016: Liberty signs agreement to acquire Tata Steel plate plants in Scotland.
2017: Agrees to purchase Hartlepool mills from Tata Steel UK.
2018: The British industrialist reportedly made an approach to buy Stemcor (one of the largest independent steel traders) in December 2018 - from investors including the US private equity house Apollo.
2018: Agrees to buy Dunkerque aluminium smelter from Rio Tinto for $500m.
2018: Acquires US-based steel wire firm Keystone Consolidated Industries.
2018: Arcelor Mittal Galati plant in Romania, and ArcelorMittal Nova Hut plant in Ostrava Czech Republic, named as facilities to be purchased around end-2018 by GFG. 2018: Purchase of US steel wire producer Keystone Consolidated Industries from Contran was for a consideration of $320m.
2020: Announces 355 job cuts in UK steelmaking plants.
2021: Submits firm bid for ThyssenKrupp Steel Europe but talks abandoned soon after.
2021: Serious Fraud Office lauches probe into GFG Alliance - White Oak rescue talks stumble.
2022: Prior to the May 2022 sale, Marcgegalia had been operating Liberty Precision Tubes Limited (which has a capacity of 80,000 tonnes per year) for two years under a license agreement.
© 2022 LIBERTY Steel Group
2022: UK regulator probes King & King’s audits of Sanjeev Gupta companies.
2022: HMRC files winding-up petition against speciality steel business in the UK.
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Liberty House competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Barbour | 1894 | $7.1M | 150 | - |
| Elgin Equipment Group, LLC | 2009 | $100.0M | 350 | 10 |
| Plantation | - | $250,000 | 7 | 1 |
| Tennis_Point | 1981 | $4.1M | 49 | - |
| Fox River Audio Visual | 1999 | - | 76 | - |
| Crocs | 2002 | $4.1B | 4,000 | 218 |
| Blanco Labels | 1996 | $1.3M | 50 | - |
| Easton | - | $540,000 | 50 | 4 |
| Apple Ford Lincoln Apple Valley | - | $1.1M | 16 | 38 |
| Pet Connections | - | $190,000 | 2 | - |
Liberty House history FAQs
Zippia gives an in-depth look into the details of Liberty House, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Liberty House. The employee data is based on information from people who have self-reported their past or current employments at Liberty House. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Liberty House. The data presented on this page does not represent the view of Liberty House and its employees or that of Zippia.
Liberty House may also be known as or be related to Hackfeld's Dry Goods (1849-1852) B. F. Ehlers (1852-1898) H. Hackfeld & Co. (1898-1918), LIBERTY HOUSE and Liberty House.