Calcutta Home Fashion Group Buys AG TEX

 
GHENT, BE—Calcutta Home bought AG TEX, an upholstery and drapery mill in Waregem. The purchase of this mill, founded in 1997 includes 25 looms that will be moved to the Calcutta manufacturing campus in Mariakerke according to Christof Vermeersch, CEO of Calcutta. All 12 AG TEX employees will remain with the acquired company, but the principals will retire. “This acquisition...

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