Coats secures a management buyout of its Coats Viyella Branded Menswear business for an undisclosed sum, funded by the Royal Bank of Scotland, GMAC and private investors.

Coats advised by Eversheds (Leila Porter). GMAC advised by Hammond Suddards Edge. The Royal Bank of Scotland advised by Freethcartwright. Management advised by Russell Cooke Potter & Chapman.