2 ms·
> They aren't a UK company, they're an Italian company. Per the article it was sold in 2002. That isn't clear. I suspect they still are a UK company, with 100%
by jacobr1 6y ago
> They aren't a UK company, they're an Italian company. Per the article it was sold in 2002.
That isn't clear. I suspect they still are a UK company, with 100% ownership from the parent Italian company. The distinction is relevant (if true) in exactly cases just like this. The alternative would be a sale of assets of the former child company and filing a dissolution of the same company. They likely didn't do that, but might have. This means that probably can restructure their business so that UK orders stay within the UK subsidiary.