CovPress rescued from PPF in unique corporate deal

Stephanie Baxter
clock • 2 min read

The CovPress pension scheme has come out of the Pension Protection Fund (PPF) after the automotive supplier was acquired by Liberty House in the first rescue of its kind.

CovPress, which employs around 800 people and makes body panels for major car makers such as Jaguar Land and Renault, fell in administration last September after it experienced significant funding ...

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