British Wool rescues Kent cooperative

Administrators for farming retailer Kent Wool Growers have sold the company’s wool-handling operations.

see earlier storyhttp://www.farmbusiness.co.uk/news/administration-for-farmers-co-operative.html

The British Wool Marketing Board has bought the business from the farmer-owned co-operative, known as KWG, which went into administration after nearly a century of trading earlier this month.

The sale secures seven jobs in the wool grading division, which will continue to operate from its Ashford headquarters in the short term.

The administrators are still looking to sell the other parts of the business.

 

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About The Author

John Swire - Deputy editor of Agronomist and Arable Farmer as well as responsibility for the Agronomist and Arable Farmer and Farm Business websites. After 17 years milking cows on the family farm John started writing about agriculture in 1998 and has since written for a variety of publications and has developed a wide circle of contacts within the industry. When not working John is a season ticket holder at Stoke City and also of late has become a fitness freak, listing cycling, swimming and walking as his exercises of choice.