# Ashfield Mill Company sold via management buyout to Simon Blackley

Ashfield Mill Company, parent of John Spencer (Textiles) Ltd and Ian Mankin Ltd, was sold via a management buyout to Simon Blackley. The deal retains all employees and operations in Burnley and London.

- Type: Acquisition
- Announced: 2022-11-07
- Where: Burnley, England, United Kingdom
- Status: completed
- Products: woven textiles, home furnishings, filtration products
- 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) (target)
- [Simon Blackley](https://endata.com/companies/66501.md) (acquirer)

## Sources

- [textileworld.com](https://www.textileworld.com/textile-world/weaving-spinning/2022/11/john-spencer-textiles-ian-mankin-head-into-an-exciting-new-chapter-after-management-buyout/), 2022-11-08: "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.