Evening Telegraph, Business section, Monday, October 24,1988
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STRONG AND FISHER. . . its current Irthlingborough manufacturing centre
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Bid progresses
STRONG and Fisher, the Rushden-based quality clothing leather manufacturer, has posted its offer document to Pittard Garner shareholders setting out the reasons for its takeover bid.
Pittard Garner, based in Yeovil, Somerset owns the Keunen Bros tannery at Irthlingborough. However, Strong and Fisher has said that it would sell this off to a third party if its bid is successful.
The bid values Pittard Garner at £43 million.
Strong and Fisher chairman Sir Ian Morrow stressed the logic of the bid and explained it as part of Strong and Fisher's strategy to form a British group better capable of growth in worldwide markets.
Meanwhile Pittard Garner has won the support of Yeovil MP and Democrat's leader Paddy Ashdown in fighting the bid. He has lobbied Trade Secretary Lord Young for the bid to be referred to the Monopolies and Mergers Commission.
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Evening Telegraph, 16th November 1992, transcribed by Kay Collins
Axed Tannery to be put up for sale
The future of a Strong and Fisher tannery building is still to be sorted out.
The Wellington Tannery in Raunds will shortly close with 50 job losses and more staff cuts are being made at the company’s headquarters in Rushden.
Director Peter Morgan said: “They will probably be there until February when our operations are finally sorted out. A small unit in Raunds will remain for leather de-greasing and sorting. But we have no firm plans for the main tannery. Ultimately it will be sold.”
The company is the largest hide and skin trader in Britain.
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