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The information on this page comes from the UK Activity Report.
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Coats Viyella

Coats Viyella is to close its Dorma bed wear factory in County Antrim with the loss of 200 jobs, having failed to agree a management buy-out. 13-Feb-2002

Coats Viyella has sold its Somercotes-based Branded Menswear Unit to a management buy-out, securing the future of 210 jobs. 24-Jul-2001

Coats Viyella is to close the Jaeger knitwear factory at Campbeltown, Kintyre, with the loss of about 160 jobs. 30-Apr-2001

Coats Viyella is to close a textiles factory at Lisnaskea in County Fermanagh, with the loss of about 200 jobs. 12-Apr-2001

Coats Viyella has sold Stott & Smith, the Bolton-based towel maker, to a management buy-out for about £3m, which should secure the future of 165 jobs. 27-Feb-2001

Coats Viyella is to sell the Naylor Jennings dye works at Yeadon near Leeds to a management team for undisclosed terms, saving more than 100 jobs. 02-Feb-2001

Coats Viyella has sold four non-core textile businesses for £21m, including Straven knitwear, the Ladybird brand, Ewart Liddell table linen and a number of shirt brands. 17-Jan-2001

Coats Viyella is to acquire the industrial sewing thread operation of Dollfus Mieg of France for undisclosed terms. 18-Dec-2000

Coats Viyella's former contract clothing business is to shed 1,200 jobs following last week's acquisition by Marplace, with the closure of factories in Alfreton and Sutton in Ashfield. 12-Dec-2000

Coats Viyella has sold its contract clothing business to management for £12m, thereby preventing the lossmaking division from being closed with the loss of 3,000 jobs. 05-Dec-2000

Coats Viyella has announced plans to shed 1,900 jobs in the Midlands and to close or sell its UK contract clothing operations, in order to focus on its thread business and the Jaeger and Viyella fashion brands. 07-Sep-2000

Coats Viyella is to cut 206 of the 377 jobs at its Jaeger Clothing factory in Kilmarnock. 11-May-2000

Coats Viyella is to close its Glenaden textile factory in Northern Ireland with the loss of 382 jobs, but 140 jobs could be saved by a proposed management buy-out. 24-Mar-2000

Coats Viyella is to close the Coats Optilon zip factory at Cleator Moor at the end of the year with the loss of 82 jobs, and production will move to other sites in Peterlee and abroad. 20-Mar-2000

Coats Viyella is to close a clothing factory in Newark with the loss of about 250 jobs, as part of a strategy to move production overseas. 09-Mar-2000

Coats Viyella is to close its clothing factory in Barlestone, Leicestershire, with the loss of 110 jobs. 24-Feb-2000

Coats Viyella has succeeded with its £80m takeover bid for Hicking Pentecost, the industrial threads manufacturer, thus beating a rival offer from Ruddick of the US. 03-Sep-1999

Coats Viyella is to close its Counterpart Socks knitwear factory in Leicester with the loss of 170 jobs. 24-Aug-1999

Coats Viyella is to close its Paton & Baldwin woollens mill in Alloa with the loss of 220 jobs. 19-Aug-1999

Coats Viyella has launched an agreed £68m takeover bid for Hicking Pentecost, the industrial threads manufacturer, trumping a rival offer from Ruddick of the US. 01-Jul-1999

Coats Viyella is to close its clothing factory in Alloa with the loss of 200 jobs, although the adjacent spinning mill will remain open. 04-Mar-1999

Coats Viyella is selling its Dynacast precision engineering business to Cinven, the venture capitalist, for £322m. 18-Feb-1999

Coats Viyella is to close a knitwear factory in Loughborough with the loss of 287 jobs, while a further 143 jobs will be moved to a nearby site. 05-Feb-1999

Coats Viyella is considering a number of takeover approaches for its precision engineering business, which makes telecoms and computer components under the Dynacast and SPM names. 04-Dec-1998

Coats Viyella is to close its shirts and ties plant in Magherafelt, Northern Ireland, with the loss of 29 jobs. 30-Sep-1998

Coats Viyella has postponed plans to spin-off its Viyella textiles business until market conditions improve. 10-Sep-1998

Coats Viyella is closing its children's and ladies-wear factory in Sutton in Ashfield, with the loss of 400 jobs. 10-Apr-1998

Coats Viyella is to spin off its Viyella textile operations, its home furnishings business, and its Viyella and Jaeger shops next year, leaving an industrial threads, zips and engineering business which will be called Coats. 18-Dec-1997

Coats Viyella's Dynacast subsidiary is to build a £5m plastics moulding plant in Cwm Cynon, South Wales, creating 130 jobs. 28-May-1996

Coats Viyella, the engineering and textiles concern, is preparing a £50m restructuring programme which will involve 2,700 job losses in the UK and India. 15-Apr-1996



The information on this page comes from the UK Activity Report.
One-month trial now available for £20!












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