Home / Knowledge / News / Textiles / Cavalier buys stake in Norman Ellison
Cavalier buys stake in Norman Ellison
14
Feb '08
Cavalier Corporation advises that with all operational conditions pertaining to the purchase of a 70% interest in Norman Ellison Carpets having been fulfilled, the parties will now proceed to complete the transaction in the next day or so.

The effective date for this purchase is 1 February 2008.

This announcement should be read in conjunction with Cavalier Corporation's earlier announcements to the NZX on the Norman Ellison Carpets acquisition, the first on 26 September 2007 and another on 15 November 2007.

Cavalier's carpet operation, founded on the principles of quality, outstanding customer service, and absolute integrity, keeps all stages of its carpet manufacturing in-house to deliver the products that have consistently met customers needs and expectations. It is also involved in the procurement and processing of wool for both the independant wool trade and it's carpet operation.

Norman Ellison is New Zealand's only locally owned and operated carpet manufacturer, producing wool and wool blend carpets since 1975. Inspired from our country's natural beauty and superior quality wool, Norman Ellison Carpets offer a range of colours and styles to suit New Zealander's needs.

Cavalier Corporation

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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