News Tags

Related Keywords: acquired, Estonian businesswoman, Estonian textile company, K.Täht Holding OÜ, knit fabrics factory Qualitex, Kristi Täht, Tolaram Group

Kristi Täht is Estonian businesswoman and owner of the Estonian textile company K.Täht Holding OÜ, has acquired the knit fabrics factory Qualitex AS from Tolaram Group, which operates in the Pärnumaa county. The company's acquisition creates a bigger synergy on the basis of existing production capacity and sales network. Qualitex, currently has 90 employees working.

Related Keywords: acquired, Cyton, Nano-Tex, textile technology

The textile technology company,NANO-TEX, that has worked with consumer brands including the Gap, Target, Maidenform, Bass Pro Shops, Nordstrom, Land's End and Fisher-Price,has been taken over by CRYTON Inc.

NANO-TEX will now be headquartered at The Crypton Companies in Bloomfield Hills, Michigan but will maintain sales operations in the US, Asia, India and Europe. In addition, the company will keep distribution centers in Hong Kong, Belgium, Mainland China, and the U.S.