Caparo

[1] Sixteen companies within the group were put into administration in October 2015, leaving three to continue trading as normal.

[2][3] One month later, Sanjeev Gupta, head of Liberty House Group, announced that his family had bought a part of the business from the administrators.

[4] Liberty House bought Caparo Merchant Bar - one of the three solvent parts of the business that had continued trading - from the administrators in 2017.

While CMB had remained solvent, its ability to develop had been restricted by its ties to a pension scheme of its former parent group.

[5] Numerous other deals by the administrators saw many companies within the group sold, with consequent savings in jobs.