Jo Wood to Dissolve Beauty Company as Part of Divorce Settlement

January 25, 2011 04:29:59 GMT

Ronnie Wood's soon-to-be-ex-wife had to close her Jo Wood Organics as part of their divorce settlement, but will relaunch it later this year.


Jo Wood
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Photo credit: /WENN

Ronnie Wood's soon-to-be-ex-wife Jo has been forced to dissolve her organic beauty company as part of their divorce settlement. The couple split in 2008 when The Rolling Stones rocker left her for a young, Russian waitress, and their divorce is set to be finalized this week with the issue of a decree absolute.

Jo has now revealed she had to close her Jo Wood Organics cosmetics firm as part of the complicated arrangements for the divorce settlement, but she hopes to relaunch the firm later this year.

She tells Britain's Hello! magazine, "Luckily we didn't owe much to the liquidators and I will be paying off the creditors personally. I'll be relaunching Jo Wood Organics with a new business partner later this year."


 




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