Marubeni-Itochu Steel has acquired Scotland based plate processor Angus F. Gunn via its UK subsidiary Barclay & Mathieson. This adds to Marubeni-Itochu Steel’s capacity to supply British oil and gas, renewable energy and construction industries.
Marubeni-Itochu Steel accquired Glasgow based Barclay & Mathieson in 2022. It has around 400 employees, whereas Angus F. Gunn has 25 employees. Marubeni-Itochu Steel Europe is based in Germany, with a branch in London, alongside Marubeni-Itochu Tubulars, which employs around 50 people, with operations in Milan and Algiers.
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