Home / Knowledge / News / Apparel/Garments / Beaumanoir buys out RMG distributor Morgan
Beaumanoir buys out RMG distributor Morgan
26
Mar '09
The Commercial Court of Nanterre has selected the offer of Group Beaumanoir to purchase Morgan, which has a very good distribution network in the field of ready-made garments and Beaumanoir now, wants to consolidate its position in the European markets with the help of Morgan.

Beaumanoir has been assessed to have quoted one of the most competitive and favourable bids for purchasing Morgan and which is now expected to ensure the rapid development of Morgan, its employees and partners and in the process also help Beaumanoir gain market leadership.

Morgan is a distribution company, with a turnover of €140 million and has over 1,000 employees across Europe, working and more than 1,000 ideally located outlets in 50 countries around the world and also has built a reputation for fashion and style and is recognized, both in France and abroad.

Now after having been taken over by Beaumanoir, both the companies are expected to have important synergies in sourcing distribution, logistics and better information management systems, though both will have a independent and identity of its won on which a keen eye will be kept..

Fibre2fashion News Desk - India

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search