Related Keywords: German textile business, KL Technologies, textile market, UK textile industry
Lynn-based KL Technologies has acquired an historic German textile business Bamberger Kaliko with a turnover of €20 million. Mark Littlewood, chief executive of KLT, said that the acquisition would strengthen the firm’s position in the textile market.
Kaliko is a perfect fit with their existing textile businesses, which are already significant suppliers into the industry. They are excited about this further expansion of their textiles business and look forward to working closely with the team in Bamberg to grow the business.
