Liberty House Group has today announced that it has completed its purchase of Caparo Merchant Bar based in Scunthorpe. The business employs 145 workers.
Responding to the news, Steve McCool, National Officer for Community, the steelworkers’ union, said:
“We look forward to working with Liberty following their purchase of Caparo Merchant Bar. Liberty are acquiring a first rate workforce and an excellent business, which would appear to be a good fit with Liberty’s existing UK steel assets. We will be seeking an early meeting with the company to understand their plans for the business and what this announcement means for the workforce going forward.”
Community already represents steelworkers within Liberty’s other UK businesses, including Liberty Speciality Steels, which was bought from Tata Steel in May.12