Corporates

Indo Count Acquires Iconic US Brand WAMSUTTA

Textile Insights April 19, 2024

Strategic Acquisition Strengthens Indo Count’s Global Reach and Brand Prestige Indo Count, the largest global bed linen manufacturer and exporter from India, announces its strategic acquisition of the international home fashions brand WAMSUTTA from Beyond Inc. Wamsutta – an

Corporates

Color Service Expands Business Capabilities With Acquisition Of Cosma Plast

Textile Insights March 24, 2024

Color Service, leader in the production of automatic dispensing systems, has announced its strategic acquisition of Cosma Plast SRL, a prominent company specializing in the design and construction of systems using various materials, including PP, PVC, PE and PVDF. This acquisition marks a significant milestone in Color Service’s journey, enhancing its expertise and

Corporates

Gokuldas Acquires Matrix Clothing’s Knit Apparel Business

Textile Insights February 3, 2024

One of the biggest Indian garment exporters Gokuldas Exports Ltd (GEL), will acquire the knit apparel business of Matrix Clothing Private Ltd (MCPL) for an enterprise value amounting to Rs 489 crore. Of this Rs 489 crore, Rs 247.5 crore is being paid by way of preferential allotment of shares of Gokaldas Exports through a […]

Corporates

Gokaldas Exports Expands Overseas Through Subsidiaries

Textile Insights January 7, 2024

Gokaldas Exports FZCO, Dubai, has successfully acquired 100% of the shares of Amibros S.A. from Solaris – II Investments Group Limited, inclusive of Atraco Industrial Enterprise, the branch of Amibros S.A. The company has also acquired 100% of the shares of Atraco Logistics Co LLC, including its branch. Nava Apparels L.L.C-FZ, Dubai, has effectively acquired […]

Apparel, Fashion, Retail

Poeticgem, A PDS Subsidiary, Acquires ‘Little Mistress’ Brand IP.

Textile Insights September 21, 2023

PDS Limited, a global fashion solutions company, is focused on expanding its portfolio with customized offerings, including sourcing as a service and brand management. In line with its strategy of adding value-accruing solutions to its offerings, it is pleased to announce that its UK-based vertical, Poeticgem, has acquired the brand intellectual property (IP) of Little

Apparel, Fashion, Retail

Reliance Retail Buys 51% Stake in Alia Bhatt’s Ed-a-Mamma

Textile Insights September 10, 2023

Reliance Retail Ventures Limited (RRVL) has made a strategic move by acquiring a 51% stake in Ed-a-Mamma, a sustainable clothing brand for children and maternity wear founded by Alia Bhatt. This partnership aims to accelerate Ed-a-Mamma’s growth by capitalizing on the synergy between RRVL and the brand. The collaboration signifies a significant commitment to

Apparel, Fashion, Retail

WHP Global To Acquires Majority Stake in G-Star RAW

Textile Insights September 7, 2023

G-Star RAW and WHP Global, one of the fastest-growing global brand management firms in the world, announced an agreement where WHP Global will acquire a majority interest in the G-Star RAW® brand, setting the stage for further global growth and expansion. Under the terms of the agreement, the existing G-Star shareholders, including founder Jos van […]

Corporates

Aitken Spence Apparel Acquires Hong-Kong Based Knit Manufacturer in Sri Lanka

Textile Insights August 13, 2023

In a significant move that underscores its commitment to expansion and innovation, Aitken Spence Apparel has announced the successful acquisition of a prominent Hong-Kong based company. This strategic step solidifies Aitken Spence Apparel’s position as a dynamic player in the global textile industry. The acquired company, a distinguished leader in circular knit

Technical Textile & Nonwoven

Nonwovens To Get Boost With TWE Acquiring 50% Stake In OBT

Textile Insights June 1, 2023

Germany based manufacturer of nonwovens, TWE Group has acquired a 50% stake in OBEETEE Textiles (OBT), an Indian manufacturer of nonwovens textiles in India. TWE which acquired the stake for Euro 11.5 million shall extend their knowledge and expertise on technical aspects of the health and hygiene products being manufactured under this joint venture. These […]

Corporates

Datacolor Acquires matchmycolor

Textile Insights May 26, 2023

Datacolor AG, a global leader in color management solutions, announces the acquisition of matchmycolor LLC, a technology company specialized in color formulation and communication software. Datacolor consolidates matchmycolor as of January 1, 2023. The costs for the acquisition and the integration will affect fiscal years 2022/23 and 2023/24. The strategic acquisition