Home / Knowledge / News / Textiles / 235 year old Raymakers & Co acquires Pile Fabric Dyers Ltd.
235 year old Raymakers & Co acquires Pile Fabric Dyers Ltd.
24
Jul '08
Royal Dutch Textile Mills J.A. Raymakers & Co BV, Helmond, The Netherlands have reached an agreement to acquire the business and certain assets of Pile Fabric Dyers Ltd., Rochdale, United Kingdom and will relocate this activity to its production site in Helmond.

Raymakers, established in 1773, is a specialist weaver, dyer and finisher of velvets for domestic and contract interiors. The company has pioneered many finishing techniques for velvets, is highly focussed on design and product development and distributes its products worldwide to wholesalers, textile converters, project specialists and the furniture industry.

Pile Fabric Dyers, established in 1964 by Mr Dennis Grundy and his two brothers Herbert and Roy, has built up a high quality reputation as the only remaining specialist in dyeing and finishing pile fabrics in the UK. Says majority shareholder and Managing Director Mr Philip Grundy; “By transferring our business to Raymakers I am convinced that the achievements and knowledge of our company can be safeguarded and used to further strengthen the market share and product development of velvets in western Europe. That is my main objective for this transaction.

We will help our people to find new jobs here in the UK or support them to move to the new factory in Holland.”

Says Richard Oussoren, Owner and Managing Director of Raymakers; “This transaction is our ideal scenario to extend and improve the Velvet Expert Centres that we have at Raymakers, Helmond (NL) and at British Velvets, Padiham. (UK) The new dyeing and finishing methods combined with the expertise of our colleagues from the UK will give an important impulse to our product development. The increased output of our factory will provide the basis for on-going competitive prices and for continuous investments in our people, production facilities and markets. That is the best news for all our customers!”

The move of the activity will be done as a step-by-step process in order to safeguard delivery service to customers and will be finalised in Spring 2009.

J.A. Raymakers & Co BV

Must ReadView All

Apparel/Garments | On 28th May 2017

Over 45% US retailers to use AI in next 3 years: Report

Over 45 per cent retailers in the US plan to utilise artificial...

Neelesh Hundekari speaking at the event. Courtesy: Subir Ghosh

Textiles | On 27th May 2017

Fabric of Change initiative announces €250000 scaling fund

The Fabric of Change initiative of Ashoka and the C&A Foundation is...

Apparel/Garments | On 28th May 2017

Naked Brand, Bendon sign agreement to reorganise

Naked Brand Group, a fashion and lifestyle brand, and Bendon Limited, ...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Dharmendra Shah
Ozone PB Spintex Limited

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

Mohammad Hassan
Biax Fiberfilm

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Bani Batra

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

Sonam & Paras Modi
SVA

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search