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H. Dawson Wool acquires controlling equity in Axminster Carpets

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H. Dawson Wool, the international wool merchant with its head office in Bradford, West Yorkshire, has acquired a controlling equity stake in Axminster Carpets based in Axminster, South Devon.

H. Dawson Wool, established in 1888, has for many years been a leading supplier to the wool carpet manufacturing sector in the UK and throughout the world. This investment in Axminster Carpets demonstrates the ongoing commitment of H. Dawson Wool to the wool carpet manufacturing sector and forms an essential element of its strategy to develop alliances throughout the supply chains within which it operates, for the benefit of all chain participants.

Royal Warrant holder Axminster Carpets, founded originally by Thomas Whitty in 1755, has operated from its current extensive manufacturing and commercial site in Axminster, Devon since 1937. The original high-quality Axminster from Axminster Carpets can be found in royal residences, some of the finest hotels in the world, in train carriages and the planes of global airlines and in thousands of discerning homes throughout the United Kingdom and worldwide. The business has undergone a period of significant change during the last three years and now provides its customers with an enhanced level of service and ongoing new product development.  The provision of additional support from H. Dawson Wool, increased financial resource and further strengthening of the Axminster Carpets senior management team will take the company on the next phase of its journey.

Steve Winslet, Chief Executive of Axminster Carpets said: “Our business sells wonderful high-quality carpets that are predominantly made from wool.  It makes real sense that our new owners are experts in the sourcing of our primary raw material. Their wool expertise, global reach and long-term commitment to the industry will add real value to our company. We are excited about the future growth aspirations for the business.”

Jo Dawson, Chairman of H. Dawson Wool, explains: “The passion and expertise within H. Dawson Wool complements the strengths of Axminster Carpets. We will encourage increased market and consumer awareness about the many benefits arising from the use of wool-rich carpets in a wide variety of environments and applications.  The benefits of owning an Axminster carpet go way beyond the stunning design and beautiful craftsmanship within each product.  Amongst their many inherent benefits, these incredible carpets are designed to have a natural ability to absorb dangerous VOC gases, actively manage a healthier climate in your room whilst acting as a flame retardant barrier to your floor.”

Source: H. Dawson Wool

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