Czech energy tycoon buys UK’s biggest rebar supplier

The UK’s largest supplier of construction rebar has been snapped up by Czech billionaire Pavel Tykač in the latest major shake-up in the steel products sector.
Cardiff-based Celsa Steel UK is now under the control of Sev.en Global Investments, the industrial arm of one of Europe’s wealthiest individuals, who made his fortune through coal mining, gas-fired power and global energy assets.
The rebar giant is being rebranded 7 Steel UK, with the new owner promising business continui