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Leeds Group has sold Leeds Leasing, its equipment leasing division, to Bibby Asset Finance for £5m.
Leeds Group has sold Nemesis, its Italian textile manufacturing subsidiary, to a management buy-out for a nominal sum.
Leeds Group has sold Sharps Fabric Printers to a management buy-out for £0.7m, completing its withdrawal from textile manufacturing.
Leeds Group is to sell Langholm Dyeing and Schofield Cloth Finishers to the UK Dyeing Division management team for £6m, as part of a strategy to transform itself from a textile company to a financial services company.
Leeds Group is to sell its Strines textile printing business to Walker Greenbank for up to £2.5m, while Sharps Fabric Printers will be sold to management and its Walsden printing branch will be closed.
Leeds Group has acquired Calprina, the textile printing business, from Crowson Fabrics for undisclosed terms.