Brian Young, whose father founded Gleaner Oils in 1954, has sold his 50% stake in the business to co-owner and niece, Jane Scott and her husband, Stephen, for an undisclosed sum.
The new owners are in the process of developing a three year plan to expand the business organically and increase its customer base with a move into the south of Scotland and north of England.
The expansion also includes plans to recruit around 20 additional staff.
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