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On June 4, ArcelorMittal applied for approval from the EU for the acquisition. The EU may approve the acquisition or launch a four-month long investigation in the event of serious concerns, as SteelOrbis understands.
Coventry manufacturer Liberty Pressing Solutions up for sale, owner confirms
They have said the business, formerly known as CovPress, is non-core to Liberty’s vision
The company is part of Liberty Steel Group
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The owners of a Coventry manufacturer have confirmed the process of selling Liberty Pressing Solutions and Liberty Aluminium Technologies has began.
SCORES of jobs could be at risk after a steel firm announced it is selling seven UK plants, including one in Witham. Liberty Steel Group has placed its Aluminium Technologies business up for sale, which operates the Witham plant on Freebourne Industrial Estate, meaning 66 jobs could be lost. Sales also include the company s largest UK site, its aerospace and special alloys business at Stocksbridge, near Sheffield, where 762 people currently work. Liberty first acquired the 15,000sqm Witham site in 2017 from automotive component manufacturer Amtek UK after it went into administration. The near collapse of Liberty came after its major lender, Greensill, went into administration in March.