1,700 jobs saved as Tata agrees to sell its speciality steels business to Liberty House
![Tata has signed an agreement to sell its speciality steels business to Liberty House](http://web.archive.org./web/20170210002226/http://i.dailymail.co.uk/i/pix/2017/02/09/21/0A2888E600000514-0-image-a-32_1486676884270.jpg)
Tata has signed an agreement to sell its speciality steels business to Liberty House
Tata has signed an agreement to sell its speciality steels business to Liberty House Group for £100million.
The arm employs 1,700 workers making products for the aerospace, motoring, oil and gas industries, and has sites in South Yorkshire, Bolton and the West Midlands.
Liberty said the deal will secure the future of those jobs and thousands more in the supply chain.
It will make Liberty one of the largest steel and engineering employers in the UK, with more than 4,000 workers at plants across Britain.
Sanjeev Gupta, executive chairman of Liberty, said: 'I am proud that we are acquiring a world-class business with a very skilled workforce and broad range of high-value products.
'It is one of only a handful of such operations in the world and I am confident it will flourish within our group.'
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