1987 - Management Buy Out....

1987
As is common with many family companies, ownership of the business had become increasingly fragmented throughout the generations; Macnaughtons was no exception. In 1987, a management buy-out/buy-in took place led by Blair Macnaughton, the current Managing Director, which led to the establishment of the current company, Macnaughton Holdings Ltd. ensuring that the management and ownership control of the business extended into the seventh generation of the family. By this time, the majority of the firm’s activities were targeted at the retail market, and it was the largest single retailer in Pitlochry, a thriving tourist resort. Nevertheless, the fresh impetus provided by this new generation of the family, led to a period of diversification into the soft furnishing market, and a renewed appetite for manufacturing and wholesaling. See family tree
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BCFABCFA Made in Scotland Scottish Leather & Textile AssociationThe Campaign for Wool
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