Australian family office criticises Bremworth’s strategic review
Cowes Bay Group explains why it did not participate in last year's review and why it believes it can offer Bremworth an alternative pathway if its deal with Mohawk Industries falls through.
Cowes Bay Group has been staunchly opposed to Mohawk Industries’ proposed acquisition of Bremworth.
An Australian family office has raised concerns about the pending sale of NZX-listed carpet maker Bremworth, claiming there were issues with a strategic review undertaken by the board last year.
Bremworth entered into a scheme of arrangement to sell its business in October to the owners of Godfrey