Medical firm shuts factory in EU move

in Derby – has now decided to close its manufacturing site in Lancing, West Sussex, where its Eschmann subsidiary makes hospital equipment including operating tables. It declined to specify the number of job losses at the Sussex plant but said a total of up to 200 posts were being shed there and at a site in Brazil. 250-listed Synergy Health enabled the firm to pay less because the UK has a lower corporate tax rate than the US. Such deals have since been outlawed in America.

The Mail on Sunday revealed last month that Steris is now planning to move its tax base to Ireland amid concerns Brexit could cost the firm $50million.

Steris – which has its HQ A MEDICAL equipment giant that is shifting its tax base away from the UK ahead of Brexit is closing a factory where it employs scores of skilled workers.

Steris, a $10billion (£7.8billion) US firm, controversially relocated its global headquarters to the UK in 2015 as part of a socalled ‘tax inversion’ deal. Its $1.9billion takeover of FTSE