Beachcroft’s corporate team has scored a key European transaction, advising Ukrainian steel group Metinvest on its £350m acquisition of steel factories in the UK and Italy.

The national firm’s Bristol arm advised Metinvest on its acquisition of Trametal in Italy and Spartan UK from the Malacalza group, which Metinvest plans to combine with its Italian steel business, Ferriera Valsider. The firm handled the UK aspects of the deal for Metinvest, fielding a team led by corporate partners John Williams and Jocelyn Ormond.