A deal has been agreed for Grimsby’s Novartis plant, but any lingering hopes of saving jobs have been dashed.
Production will come to an end at the South Humber Bank site later this year, with a globally active US-headquartered specialist in the sale of such complex sites to take it on.
International Process Plants Ltd has launched a subsidiary, Humber Industrials, to manage the undisclosed buy-out. It could sell for operation as is - potentially attracting investment and a return to employment use - or break up for shipment elsewhere.
