Related Keywords: Fazal Textile, Gadoon texile, merge, new investment, Textile mills, YBG
Younus Brothers was established in 1962 as a fabric trading business house, which has become one of the largest conglomerates in Pakistan. Fazal Textile Mills and Gadoon Textile Mills the two textile mills of Younus Brother Group (YBG) are planning for a merge with an aim to attract new investment.
The merger will help the group increase the paid up capital to get new loan. Also they will be able to avail the opportunity of exchange raw material and bigger advantage would be of exchanging technology, besides lower marketing cost.