GMB welcome deal to sell Scunthorpe plant to Greybull Capital
Our members must be congratulated for their pure determination in campaigning over the last 2 years. Their efforts were a major factor in the success of the sale says GMB
GMB, the union for workers in the steel industry, commented on the announcement from Tata Steel UK that it had signed an agreement to sell its Long Products Europe business to Greybull Capital, including its Scunthorpe plant. (See notes to editors for a copy of Tata’s press release and GMB press releases on Tata’s sale).
Hans Fischer, Chief Executive of Tata Steel’s European operations, said the agreement would "offer a future for the Long Products Europe business and its 4,400 employees in the UK".
Dave Hulse GMB National Officer says "These have been really difficult times for GMB members over many months of uncertainty. GMB welcomes the announcement that Greybull Capital has reached an agreement with Tata Steel that safeguards our members’ jobs, especially given the recent announcement that Tata will sell its entire UK operation.
The joint trade unions have been in negotiations over a long period of time, looking at temporary agreements to make sure that the first 12 months of the sale are successful. Our members must be congratulated for their pure determination in campaigning over the last 2 years. Their efforts were a major factor in the success of the sale."
