Sutlej Acquires Business of American Silk Mills LLC

MUMBAI, INDIA--Sutlej Textiles and Industries Ltd. (STIL) acquired the design, sales, and distribution components of American Silk Mills LLC based in Plains, PA. (USA) on October 18, thus adding this boutique designer and distributor of residential and contract textiles to Sutlej’s brand portfolio. _x005F_x000D_ Sutlej also acquired the American Silk Mills brand name. Following the closing, American Silk Mills will...