Outgoing chairman Stephen Keir IV says family-owned company ‘thought long and hard about selling business after five generations’

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Iconic Australian hatmaker Akubra is changing ownership for the first time in five generations.

Tattarang, owned by Australian businessman Andrew “Twiggy” Forrest and his wife Nicola, has acquired Akubra from the Keir family, who trace their ownership back 147 years.