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Flexituff International mulling option to demerge its business

18 Jul 2017 Evaluate

Flexituff International is mulling options to separate its two product business. The board of the company in its meeting will consider separating two product businesses in two separate companies in order to unlock the value & raise growth capital. The company deals in two major products - FIBC & Technical Textile/Geo Textile.

Flexituff International is engaged in manufacturing of high density/polypropylene woven sacks and flexible intermediate bulk containers (FIBC)/jumbo bags. The Company is also engaged in the business of manufacturing reverse printed biaxially oriented polypropylene woven bags, geo-textile fabrics etc.


Peers
Company Name CMP
Vardhman Textiles 565.65
Welspun Living 222.90
Arvind 566.15
Raymond Lifestyle 688.20
K.P.R. Mill 1114.50
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