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Pension problems put brakes on Dawson

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{besps}ss/dawson1{/besps}Kinross - A trebling
of its pension deficit has forced Scottish cashmere group Dawson International
to rule out any growth through acquisitions in 2010.

Although Chairman David Bolton said the planned
exit from loss making divisions presented an opportunity to build on solid
foundations and focus on its profitable core businesses in 2010, the trebling
of pension liabilities over the past year to ?19.3 million meant there would be
no further development of the company through acquisitions.

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