Towellers signs deal with Greek textiles group
November 6, 2008,
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 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.