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Written question asked by Lord Beamish (Labour) on Monday, 5 July 2021, in the House of Commons. It was due for an answer on Wednesday, 7 July 2021. It was answered by Amanda Solloway (Conservative) on Tuesday, 13 July 2021 on behalf of the Department for Business, Energy and Industrial Strategy.


Cobham: Intellectual Property

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the steps required to ensure that intellectual property previously held by Cobham will remain in the UK.

Answer

Intellectual property previously held by Cobham within the UK has transferred to new ownership following Advent International’s sale of Cobham’s UK businesses.

My Rt. Hon. Friend the Secretary of State has met with the new owners to secure assurances on their continued investment in the UK businesses and security controls remain in place under the new owners to protect security sensitive information.


Secondary information

Type
Written question
Reference
27039
Session
2021-22
Subjects
Intellectual property Cobham
Link
View this Written question on www.parliament.uk