Sale of SWS assets cleared as standoff between board and management ends

THE standoff between SWS board and management over the sale of certain assets to IAWS Co-op is over and the deal is moving toward conclusion.

Chairman of SWS Co-op, Raymond Collins, said yesterday that progress has been made on the due diligence programme.

When completed it will result in the energy, waste and business process segment of SWS being consolidated into the former IAWS Co-op business, now to be called One51.