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UK’s Silk Industries’ Vanners Acquired Out of Bankruptcy

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U.K.'s Silk Industries, which does business under the trade banner Vanners, fell into administration last month and has been acquired.
U.K.'s Silk Industries, which operates under the trade name Vanners, has been acquired out of bankruptcy proceedings.
CREDIT: Adobe Stock Photo

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U.K. textiles firm Silk Industries Ltd. has been acquired by Robert Gawn, the owner of luxury leather goods firm Swaine Adeney Brigg, according to overseas reports. Silk Industries does business under the trade banner Vanners. The company was founded in 1740 and is based in Sudbury, a hub known for its silk mills. The firm…

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