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Last Updated: Thursday, 7 December 2006, 17:25 GMT
Harris Tweed in Yorkshire hands
Nike sports shoe which uses Harris Tweed
A Nike sports shoe used Harris Tweed
A businessman from Yorkshire has taken control of the bulk of the Scotland's famous Harris Tweed industry.

Clothing manufacturer Brian Haggas has bought KM Group and a smaller tweed firm Parkend in the Western Isles.

The KM Group produces 95% of Harris Tweed and has been on the market for four years.

Staff at the mill have been told that a deal was concluded earlier this week. Hundreds of people are employed in the tweed industry.

The KM Group recently shut one of its two mills with all of the work being transferred to Stornoway on Lewis.

The move was seen by observers as one which would make the company more attractive to potential investors.

There has been interest in the KM Group since 2002, when owner Derek Murray said he was open to offers.


SEE ALSO
Talks on Harris Tweed businesses
22 Nov 06 |  Highlands and Islands
Workers to take mill to tribunal
19 Oct 06 |  Highlands and Islands
Shawbost tweed mill to shut down
30 Jun 06 |  Highlands and Islands
Tweed running mate 'suits Nike'
21 Jun 05 |  Scotland
Nike forge unlikely tweed link
22 Jun 04 |  Scotland
Tweed sale moves closer
29 Nov 02 |  Scotland

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