ONE of Scotland's most famous worker co-operatives has been bought out by new investors for an undisclosed seven-figure sum.

Loch Fyne Oysters has accepted a deal which will clear its debt and provide money to help expand export sales to more than £25 million within five years.

Earlier this year Deputy Prime Minister Nick Clegg had called for more companies to follow the employee-owned John Lewis model to create a more dynamic economy

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