Lancashire-based school uniform company Trutex, with a history spanning over 160 years, has been acquired by Australian investment firm Hancock and Gore for £12.5 million. Despite the change in ownership, Trutex will continue to operate from its Clitheroe headquarters under the leadership of chief executive Matthew Easter. The company, which has a strong presence in international markets including the Middle East, Canada, Europe, and China, has assured that jobs at the site will remain unaffected by the sale.