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James Halstead

James Halstead is to invest £4m in the expansion of production capacity at its flooring factory in Bury this year.

James Halstead is planning to invest up to £18m in the expansion of its flooring factory in Radcliffe over the next four years.

James Halstead has acquired Falck Design, the Swedish flooring distributor, for undisclosed terms.

James Halstead has sold Belstaff International, the operator of several licensing arrangements for wax cotton jackets and leisure clothing, to an Italian licensee for £10m.

James Halstead has sold its Driza-Done clothing division in Australia to Outback Consortium for £2.1m, and the proceeds will be used to expand its floorcoverings business.