Lantal Acquires Raymakers, British Velvets

LANGENTHAL, Swiss—Lantal Textiles AG, a transportation textile mill, has acquired Raymakers, a Dutch velvet mill and British Velvets in the UK. Lantal will combine these two mills with its Portuguese velvet mill Gierlings-Velpor, creating a strategic third business unit in the field of interior velvets. Raymakers, established in 1773, is one of the leading interior velvet manufacturers. It distributes its...