Winsome Yarns receives LoI from a leading apparel manufacturing company

03 Feb 2014

Winsome Yarns has received a letter of intent (LoI) from a leading apparel manufacturing company with operations based out of various locations in Middle East expressing their intent for acquisition of the company’s Knitting division. The company has received LoI in terms of the mandate accorded to Singapore based M & A consultant of the company. The company has initiated required steps to facilitate the transaction.

Winsome Yarn incorporated in 1987 is one of the largest producer of Melange Yarn in India, it produces Melange Yarn for circular knitting, socks, weaving and knitwear. Its count range is NE 10s to NE 80s both carded and combed, single & folded. It also offers Gassed Mercerised Melange.Winsome  yarn is one of Leading and ISO 9002 certified manufacturer exporter of raw white, Compact, melange and dyed yarn made of 100% cotton & cotton/ blends with viscose, polyester, modal, linen, wool, silk etc.

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