THE family which has owned jute industry survivor Scott & Fyfe for more than a century is selling the manufacturer to its employees to secure the business's future for the benefit of Tayport in Fife.
THE family which has owned jute industry survivor Scott & Fyfe for more than a century is selling the manufacturer to its employees to secure the business's future for the benefit of Tayport in Fife.
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Ian mcconnell business editor
Hamish Tough, who owns 26% of the industrial textiles manufacturer, and sons Richard and David, who each hold 37%, are selling their shares to an employee benefits trust (EBT) in a deal believed to be worth about £5 million.
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