Mergers and Takeovers 1960 - Present

The 1960s saw the post war baby-boom generation come of age, complete with new expectations and aims for life. Previous decades had seen the controls and rationing of wartime Britain gradually removed.

Since the introduction of the wide frame in the late eighteenth century, the traditional fully-fashioned sector of the knitting industry faced competition from cheaper products.

British companies, since the nineteenth century, had faced increasing competition from overseas. Germany, Italy, the USA, and other countries with growing knitting industries, started to impact on the sales made by British manufacturers.

The 1950s was a busy decade for the British knitting machine building industry as companies replaced old worn out machines and invested in new machines.