German industrial thread manufacturer AMANN Group has announced plans to expand its manufacturing footprint in Bangladesh, reinforcing its long-term commitment to one of the world’s largest apparel sourcing destinations. The development was shared by AMANN Group CEO Markus Nicolaus during a
Trident Group Enterprises Pte. Ltd., a wholly owned subsidiary of Trident Ltd, has acquired the entire shareholding of THTL Trading L.L.C., a limited liability company incorporated in Dubai, UAE, on January 14, 2025. The acquisition, valued at AED 38,500, is a strategic move to diversify and expand Trident’s global operations and explore future business
Freudenberg Performance Materials is expanding its presence in coated technical textiles through the acquisition of key parts of Heytex Group from Bencis Capital Partners. The deal includes Heytex’s core business operations, three production sites in Germany and China, and all headquarters functions, including Sales and R&D. Heytex Group, a global leader in














