Vardhman Polytex buys out Austrian JV partner F M Hammerle
29 Aug '08
1 min read
Vardhman Polytex Ltd has informed that F M Hammerle Textilewerke Gmbll & Co KG estd 1836, a shirting fabric manufacturing company of Austria (Europe), has filed petition for insolvency.
The Company through an agreement with Administrator in Austria has taken over a the assets and Trademarks, Trade names, Brand names viz. 'F.M. Hammerle'.
The said assets and Trademarks, Trade names, Brand names have been acquired in the subsidiary of the Company in Austria.
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