Sheffield Forgemasters: Everything we know about Government's £2.58m acquisition of historic city firm

One of Sheffield’s major employers made national headlines today when it announced it would be nationalised by the Government in a £2.58m deal.

Thursday, 29th July 2021, 6:36 am

Sheffield Forgemasters has been acquired by the Ministry of Defence after years of talks in an effort to shore up the company so it can continue its manufacturing of steel for defence projects like the Trident nuclear submarine fleet.

Here is everything we know about the deal so far and the future of the firm in Shefffield.

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