After Sev.en GI obtained the necessary approvals, Celsa Group has officially completed the sale of 100% of its subsidiaries in the United Kingdom and the Nordic countries. The sale agreement was ratified on Friday, April 11.
The proceeds from this divestment will be entirely allocated to reducing the Group’s debt.
With this significant divestment, alongside a recent capital increase and the launch of an ambitious efficiency plan, Celsa Group continues to implement its industrial strategy and financial restructuring, both of which are progressing as planned.
About Celsa Group
Celsa is Europe’s leading producer of low-emission circular steel, operating the continent’s largest circular supply chain. The company recycles ferrous scrap to produce steel using electric arc furnaces—applying the most sustainable and energy-efficient technologies available.
The company is composed of several business groups and operates numerous sites, including steel mills, rolling mills, recycling plants (circular hubs), as well as transformation and distribution companies. Together, these generate direct, indirect, and induced employment for over 10,000 professionals across Europe.
Celsa is committed to tackling the planet’s most pressing systemic risks—resource depletion and climate change. Its targets include reducing CO₂ emissions by 50% and achieving 98% circularity by 2030, with the goal of becoming fully circular and Net Positive by 2050
About Sev.en Global Investments
Sev.en Global Investments is a Czech-based investment group that invests across a range of sectors, particularly in steel production, power generation, and mining of various natural resources. Sev.en GI operates on four continents: Europe, Australia, North America, and Asia.
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