# John Spencer Textiles and Ian Mankin acquired in management buyout

John Spencer (Textiles) Ltd and Ian Mankin Ltd were acquired through a management buyout by Simon Blackley, the current Managing Director. The businesses will continue to operate from Burnley and London premises under the newly formed Ashfield Mill Group.

- Type: Acquisition
- Announced: 2022-11-04
- Where: Burnley and London, United Kingdom
- Status: completed
- Products: woven textiles for home furnishings, filtration and components
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [John Spencer (Textiles)](https://endata.com/companies/66417.md) (target)
- [Ian Mankin](https://endata.com/companies/66418.md) (target)
- [Ashfield Mill Group](https://endata.com/companies/66419.md) (acquirer)

## Sources

- [johnspencer.com](https://www.johnspencer.com/continuity-is-guaranteed-for-john-spencer-after-mbo/), 2022-11-04: "The buyout represents the next chapter for some exciting developments and I have no doubt that under Simon's leadership the businesses will continue to do amazing things."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.