Home / Knowledge / News / Textiles / AMANN sets up a JV with STANDARD GROUP
AMANN sets up a JV with STANDARD GROUP
16
Sep '10
The German based AMANN GROUP and STANDARD GROUP of Bangladesh signed a joint venture contract to establish AMANN Bangladesh Limited effective from September 15th 2010.

The new joint venture company AMANN Bangladesh Limited will produce and sell high quality sewing threads based on German Quality Standards. The construction work for a new, fully integrated production site in Mawna, Gazipur with a capacity of 3000 tons a year will start in January 2011.

In mid 2012 the new facility will be ready to supply the local market with high quality sewing threads especially for the apparel and the shoe/leather sector. An ambitious and customer oriented sales team will be set up in the course of next months.

With this future-oriented investment in Bangladesh, the AMANN GROUP develops one of the most potential and rising markets for textile industry and further expands its presence in the growth markets of Asia.

Founded in 1854 the AMANN GROUP is one of the most experienced major producers of high quality sewing and embroidery threads world-wide. The international customer portfolio includes companies from men`s and ladies wear, shoe and leather industry, home textiles, automotive industry and high sophisticated technical applications.

The privately owned STANDARD GROUP is one of the leading group companies in Bangladesh involved in multiple businesses including construction, real estate, insurance,
garment manufacturing, trading and others. In the garment manufacturing division, it employs more than 35,000 employees and annually produces over 40 million pieces of garments for major global brands.

AMANN GROUP


Must ReadView All

Textiles | On 19th Aug 2017

New fabric interfaces to interact with computers

As computer capabilities evolve, new fabric-based interfaces are...

Textiles | On 19th Aug 2017

Brazilian cotton prices drop in first fortnight of August

Cotton prices dropped in the Brazilian market in the first fortnight...

Apparel/Garments | On 19th Aug 2017

Target to acquire Grand Junction for faster deliveries

Target Corporation has announced that it has agreed to acquire Grand...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Eamonn Tighe
Nature Works LLC

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

August 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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