Related Keywords: acquired stake, Allied Textiles, Consilia, in textile manufacturer, majority shareholder, Manchester investment firm, role in local economy, Saints Capital Chamonix, six companies, specialising in different areas, synthetic fibre production
A Manchester investment firm Consilia acquired the stake from Saints Capital Chamonix, which has been a majority shareholder in the textile manufacturer since 2006 in Barnsley-based manufacturer Allied Textiles. According to Consilia chairman Peter Smith, Allied Textiles is a well-known and well-established manufacturer which plays a significant role in the local economy.

