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UK and Dutch yarn manufacturers merge

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The UK’s Lawton Yarns Ltd has merged with Holland’s Spin-group B.V. in a strategic move to strengthen the companies’ joint global standing.

In the deal struck between the Netherlands’ Spin-group B.V. – the parent company behind the Triple S, Spindor 1973 and Baltic Spinning businesses – and Lawton Yarns, the group will turn over in excess of €100m and employ 600 plus staff across its state-of-the art spinning facilities in England, Poland and Belgium.

While the organisation will remain dedicated to the production of woollen and synthetic yarns for the flooring industry, it is also looking to lend its textile expertise to other technical applications outside of this arena moving forwards. The intention is to share knowledge and resources to combat the current and future industry challenges, as well as conquering new product development areas of interest.

“Yarn production is capital and skill intensive. By coming together we’re bringing the best of the best into the same talent pool to explore the potential with sophisticated synthetic carpet yarns and newly invented technical yarns for a variety of end uses,” says Joint CEO, Richard Collinge, who continues to head-up the Lawton Yarns business in Dewsbury, West Yorkshire.

“But ultimately the partnership will serve to protect the interests of all our stakeholders – staff, customers and suppliers – by preserving a strong foundation for future growth in flooring and in other sectors where there’s a need for high performance yarns.”

Ambitious plans to expand organically, as well as through the acquisition of carefully selected textile businesses, is the vision held by Richard Collinge and his CEO equivalent at Spin-group, Michiel Smits. The strategy is to continue to encourage healthy competition between the individual business units within Spin-group, helping to drive innovation and subsequent investment.

“Exploiting the synergies that exist to play to our strengths, while embracing the differences between us, will ignite new ways of working and highlight previously unexplored opportunities,” says Smits. “Polypropylene is an ongoing area of interest for us and we’re also investigating additional Polyamide and Polyester offerings.

“Product development aside, however, it’s an exciting and pivotal time in our companies’ histories and we’re pleased to have found a strategic solution that we’re all sure will support the market and Spin-group in moving forward on a stronger, more assured footing.”

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