Selling agents for fabric maker KM Harris Tweed Group on Friday said there has been strong interest in the company as the deadline for bids looms.

Managing director Derick Murray put the company up for sale in August with a price tag of £5 million.

Media reports a Turkish firm is among the leading bidders for the company were neither denied or confirmed by selling agents today who would only say the successful bidder will be known in a few weeks.

The Hebrides-based firm, which is the largest maker of the unique Harris Tweed fabric with a 95 per cent share of the market, employs around 200 islanders to hand-weave the wool at home.

They spin, dye and finish the wool before returning it to mills where it is washed and marked and sent to buyers under the Harris Tweed signature.