United Kingdom
Location of affected unit(s)
Bradford, Grimsby.
Manufacture Of Material For Textiles, Apparel, Leather And Related Products
Manufacture Of Textiles
13.9 - Manufacture of other textiles

212 - 475 jobs
Number of planned job losses
Job loss
Announcement Date
22 May 2005
Employment effect (start)
Foreseen end date


Acordis the textile fibre manufacturer has appointed receivers after being put into administration. This means that 475 employees in Bradford and Grimsby are threatened with losing their jobs. The company is jointly owned by the British and Dutch companies CVC Capital Partners and Akzo Nobel.

In early August 2005 Acordis made 160 workers redundant at its Grimsby plant two months after going into administration and it also said its spinning operation in Bradford would close with the loss of 52 jobs.

Administrators Deloitte said talks were continuing with a number of companies who have expressed interest in buying the Grimsby plant as a going concern. Some 258 staff will remain at the site which will continue to manufacture materials for aircraft braking systems.


  • 22 May 2005: Sunday Times


Eurofound (2005), Acordis, Closure in United Kingdom, factsheet number 61665, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/61665.