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Sale of Swaine Adeney Brigg

On 4^th December 2009, Waterlinks Investments Limited sold its investment in the luxury leather goods business, Swaine Adeney Brigg Limited (and its wholly-owned subsidiary, Papworth Travel Goods Limited) to Swaine & Co (London) Limited, a company controlled by Roger Gawn, a private investor with investments in a number of traditional craftsmen businesses.

 

Commenting on the sale, Sue Watson said “we are pleased to have completed this transaction.  The Swaine Adeney Brigg business, whilst being an excellent and well-respected brand, was no longer a good fit with our portfolio.  We believe the new owners, with their existing complementary businesses are well placed to take Swaine Adeney Brigg forward and wish them every success in doing so”.