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Donear Industries’ promoter group acquire OCM Woolen Mills

21 Nov 2017 Evaluate

Textile player Donear Industries’ promoter group have acquired OCM Woolen Mills, which would make the Donear Group the largest branded menswear fabric manufacturer. The latest deal will enable the group to provide its product range to consumers for all weather conditions and all occasions.

Besides, the deal will help the distributors of OCM, who generally witness lower sales during non-winter seasons, to sell an additional range of products.

Donear Industries manufactures Cotton Fabrics and Polyester Viscose Fabrics. The company’s segments include manufacturing and dealing in textiles, and rental property.


Peers
Company Name CMP
Vardhman Textiles 568.20
Welspun Living 222.30
Arvind 566.80
Raymond Lifestyle 706.20
K.P.R. Mill 1132.20
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