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Turkish textile company seeks to sell 58% equity.
|Industry||Resources and Utility|
|Total value of the target||N/A|
|Expected target net rate of return after deducting all taxes and fees||N/A|
|Validity period of pending order||365|
Senior Associate, International Business Advisory
|Project highlights||48 years' history - USD 40 million sales|
The Turkish company is the manufacturer and exporter of worsted wool fabrics. It has a history of 48 years and can produce wool, cashmere, silk fabrics, Lycra, polyester, linen, viscose, cotton fabrics, etc. It has more than 400 customers including Boss, M&S, Ralph Lauren, Zara, H&M and other world-famous brands. Products have been exported to more than 50 countries. The company's sales in 2020 are USD 40 million. It seeks to sell 58% equity.
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