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Related Keywords: brand business, CEO, craftsmanship, drive growth, Elevate Textiles, fabric, global footprint, president, sustainability, thread, thread solutions

Launched earlier this year, Elevate Textiles has appointed its first president and CEO to lead its multi-brand business.

Elevate Textiles, a fabric and thread solutions source focused on innovation, sustainability and craftsmanship, was born out of the integration of American & Efird (A&E) and International Textile Group under the leadership of Platinum Equity.

Related Keywords: aiming to strengthen distribution network, focusing on manufacturing, global footprint, Himatsingka Seide, incorporated a wholly-owned subsidiary in Europe, namely Himatsingka Europe Ltd, registered with Registrar of Companies for England and Wales, retailing and distribution of Home Textile products, vertically integrated home textile major

Himatsingka Seide, a vertically integrated Home Textile major with a global footprint focusing on the manufacturing, retailing and distribution of Home Textile products, aiming to strengthen its distribution network has incorporated a wholly-owned subsidiary in Europe, namely Himatsingka Europe Ltd, which is registered with the Registrar of Companies for England and Wales on February 17, 2017.

This will help to strengthen the distribution network in Europe," Himatsingka Seide Limited said in a regulatory filing.

Related Keywords: become leading mattress fabric supplier, Bekaert Textiles, BekaertDeslee Textiles, Belgium based fabric suppliers, buy and build approach, create added value, create customer centered company, DesleeClama, global footprint, new entity, reached an agreement to merge, right industrial project

Belgium-based fabric suppliers Bekaert Textiles and DesleeClama announced they have reached an agreement under which Bekaert will acquire DesleeClama to become the world’s leading mattress fabric supplier as both companies have an ambitious growth strategy. The new entity BekaertDeslee Textiles will combine their strengths to create a customer-centered company with a unique global footprint, higher speed of delivery and a comprehensive product portfolio.

Related Keywords: consolidated earning, drapery fabrics and bed linen products, global footprint, Himatsingka Group, Home textile major, home textile products, small cap textile manufacturer, upholstery fabrics, vertically integrated

The Himatsingka Group is a vertically integrated Home Textile major with a global footprint has recorded consolidated earnings before interest, taxation, depreciation and amortization (EBITDA) (including other income) grew by 2% to Rs 55.71 crore in Q3 December 2014 over Q3 December 2013.

After consolidated net profit increased 42.4% to Rs 24.51 crore on 7.4% fall in total income to Rs 466.93 crore in Q3 December 2014 over Q3 December 2013. The result was announced after market hours on 11 February 2015.

Related Keywords: acquisition, Giuseppe Bellora, global footprint, Himatsingka Group, Home textile major, luxury Italian bedding brand, share capital, sole shareholder

Himatsingka Group a vertically integrated Indian Home Textile major with a global footprint, which currently owns 70% of the share capital of Giuseppe Bellora S.p.A, (owner of the luxury Italian bedding brand “Bellora”) announces the acquisition of the remaining 30% share -holding from GB Invest S.r.l. With the acquisition the Himatsingka Group has become the sole shareholder of Giuseppe Bellora S.p.A.