It has been an independent, family-owned company since its founding in 1949.
For more than six generations, it has been a privately held and family-owned company.
"Whatever we do has always been for the future, this being a family-owned company," he said.
But you can't run a modern economy with family-owned companies and partnerships.
The £330m cash being paid makes this the biggest sale ever of a family-owned company.
But he was active in the family-owned company until a few months ago.
"All these smaller, family-owned companies are doing very well and expanding," he said.
This family-owned company has been in business for over 100 years.
He retired in January 1987, when his daughter took over the family-owned company.
That location has become its last stop - the company, still family-owned, closes for good at the end of the month.
