Towellers signs deal with Greek textiles group 

Karachi, Pakistan – Home textiles manufacturer Towellers Limited has signed a joint venture with Greek towels and textiles manufacturer, M/s Moutalaski/J. Sakaladis Group for transfer of technology and equipment.

“The relationship will offer us to next level of business growth beyond the two companies,” said S.M. Obaid, ceo and managing director of 35-year-old Towellers. “By venturing in this relationship we will roll out customized jacquard hotel towels in a push to expand our customer base, top line growth and increase profitability.”

The transfer of equipment and the start of production will be take place within the next quarter. Toweller’s entire production will be made available to the 55-year-old Greek company for sale in Greece. Towellers will also supply customers in other parts of the world.

The relationship covers jacquard towels, hotel towels, sheets and table linens.

Home Textiles Today Staff | News & Commentary

Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Research Store

Featured Video

Subscribe to
Home Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Most Viewed Articles

CURRENT ISSUE

HTT November 2017 cover

See the November 2017 issue of Home Textiles Today. In this issue, we look at Complex Colors, Complex Times--Trend forecasters and interior designers weigh in on 2018 palettes and motifs.  Other articles include: Data: Exclusive HTT soft window research; Innovation: Material Changes conference preview; Country report: India invests in the future and Fabrics: Showtime preview.  See details!