Courtaulds Textiles has sold its spinning business, comprising Chadderton Mill in Oldham and Swan Lane Mill in Bolton, to Shiloh.
The net assets of the two mills on December 31 last year were £6.1m and their operating profit in that year was £800,000.
- The Financial Times 03/12/96 page 28
- The Guardian 03/12/96 page 22
- The Independent 03/12/96 page 18
