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Altrad says MPs’ call to ban firm from public contracts ‘tantamount to extortion’

Altrad - A yellow sign that reads 'danger asbestos'
French multinational Altrad acquired asbestos manufacturer Cape Plc in 2017 (Image: Baz777 via Dreamstime.com)

Construction products multinational Altrad has described a call from British MPs to ban it from government contracts until it donates £10m to fund mesothelioma research “tantamount to extortion”.

A new report from the All-Party Parliamentary Group on Occupational Safety and Health (APPGOSH) made the recommendation following a public hearing in March with cross-party MPs and peers on the involvement of asbestos manufacturer Cape Plc, a subsidiary of Altrad, in the cover-up of the dangers posed by its products.

Eleven experts, including a former managing director within Cape Plc who worked at the company for 40 years, shared witness accounts describing what the report calls “a pattern of Cape Plc’s corporate denial, suppression of vital health information, and a refusal to accept responsibility”.

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