UK’s Largest Woollen Yarn Spinner Lawton Yarns Returns to Private Ownership

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The UK’s largest woollen yarn spinner, Lawton Yarns Limited, has returned to private ownership after securing a £13.4m facility from Secure Trust Bank Commercial Finance, the Yorkshire Post reported. The facility funded the management buyout and will provide additional working capital and growth support to the business. Headquartered in Ravensthorpe, West Yorkshire, Lawton Yarns supplies woollen yarn to all major carpeting manufacturers in the UK and exports to Europe, Asia, and America. The facility represents a secondary buy out to return the business to private ownership. Originally a family-owned business, Lawton Yarns experienced a turbulent period in 2019 which saw its parent group enter insolvency. The yarn manufacturer was later acquired by Breal Capital in 2020. Read more.