Nowhere To Hide As Connolly Goes Bust
The firm that's cosseted the bottoms of the rich and famous has gone to the wall. Connolly Leather, supplier of skin to some of the world's most expensive cars, has been in business since 1878.
The Kent company tans and treats hundreds of thousands of animal hides a year for motor manufacturers all over the world. But after several years of financial losses, receivers have been called in to manage the company and find a buyer. Richard Heis, joint receiver from KPMG Corporate Recovery, said it was a case of business as usual for now.
Connolly isn't the only supplier of leather, and Ferrari, Maserati and Aston Martin all use other firms. A spokeswoman for Bentley, which gets through around 20 hides per car, told us: "We will still buy from Connolly, but it's not our only supplier so production won't be disrupted if the firm does cease trading."
Story taken from the autoexpress web site