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Hawick - A buyer has been found for Hawick Knitwear, which went into administration in January.

Blair Nimmo and Tony Friar of KPMG have now concluded a sale of certain assets of Hawick Knitwear Limited, following their appointment as Joint Administrators of the company in January. The Lyber 2016 Limited, which is linked to Hong Kong-based Artwell, is to purchase the plant, machinery, the company's name and intellectual property.

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