John Spencer (Textiles)

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Acquisition

Nov 7, 2022ACQUISITIONBurnley, England, United Kingdom
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.
John Spencer (Textiles) target Ian Mankin target Ashfield Mill Group target Simon Blackley acquirer #Industrial Textiles textileworld.com
Nov 4, 2022ACQUISITIONBurnley and London, United Kingdom
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.
John Spencer (Textiles) target Ian Mankin target Ashfield Mill Group acquirer #Industrial Textiles johnspencer.com

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