gel – News Express

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Gokaldas Exports acquires apparel business of Matrix Clothing – ET Retail

adminFebruary 2, 202402 mins

Representative image New Delhi: Gokaldas Exports Limited (GEL) has signed an agreement with Matrix Clothing Private Limited (MCPL) for the acquisition of its 100 per cent of share capital of Matrix Design and Industries for an enterprise value of Rs 489 crore, it said in a press release on Friday. From the total value, Rs…

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Gokaldas Exports inks deal to buy out Dubai-based garment firm Atraco – ET Retail

adminAugust 29, 202303 mins

Sivaramakrishnan Ganapathi, vice chairman & MD, Gokaldas Exports The Bengaluru-headquartered Gokaldas Exports on Monday announced that it has, through its wholly owned subsidiaries, entered into an agreement to acquire Atraco Group (Atraco), a Dubai-based manufacturer of apparel with a strong market position and customer relationships across the US and Europe. The equity value of the…