Towellers Signs Deal with Greek Textiles Group
November 17, 2008,
Home textiles manufacturer Towellers Limited has signed a joint venture with 55-year-old Greek towel and textiles producer M/s Moutalaski/J. Sakaladis Group for transfer of technology and equipment.
The equipment transfer and production will start in the next quarter. Towellers' full line will be available for sale in Greece, and in other parts of the world.
The relationship covers jacquard towels, hotel towels, sheets and table linens.