GL Bowron sold by Japanese owner to ChineseDEAN KOZANIC G L Bowron skins being buffed at the Woolston factory. Christchurch woolskin maker G L Bowron & Co's Japanese owners have been given approval to sell their shares to a Chinese company for $17.5 million. The Chinese group was formerly a competitor of G L Bowron. "The applicant intends to expand the Bowron tannery business and take advantage of significant supply chain efficiencies and economies of scale between Henan Prosper's existing business and the Bowron tannery business. The G L Bowron tannery was rebuilt in 2002 and more recent upgrades included a new computer system.

Source: Stuff August 01, 2017 03:19 UTC