Saturday, October 27, 2012

Have a Few Extra Dollars Lying Around?

Hardy and Greys Up For Sale

In an exclusive interview with the UK-based fishing trade magazine Angling International, Ken Brewster, the Commercial Director of Hardy & Greys has explained why the company is being put up for sale. Meanwhile business continues as usual at this iconic British brand based in Alnwick in the North-East of England.

Hardy & Greys – a business that has built up an almost iconic status since its formation in 1872 – has this week been placed on the market by its owner the Harris & Sheldon Group, a family-owned UK private investment group.

The sale is part of a long-term business plan by Harris & Sheldon to divest itself of the manufacturing businesses under its control.

Hardy & Greys has struggled to make a profit in the UK in recent years and a reshuffle last year saw it make 19 staff redundant at its base in Alnwick, Northumberland.

Selection reprinted from

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