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Coats Viyella has sold its Somercotes-based Branded Menswear Unit to a management buy-out, securing the future of 210 jobs.
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.
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.
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.
Coats Viyella is to acquire the industrial sewing thread operation of Dollfus Mieg of France for undisclosed terms.
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.
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.
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.
Coats Viyella is selling its Dynacast precision engineering business to Cinven, the venture capitalist, for £322m.
Coats Viyella's Dynacast subsidiary is to build a £5m plastics moulding plant in Cwm Cynon, South Wales, creating 130 jobs.