UK-based global thread manufacturer Coats has acquired Singapore-headquartered Threadsol, a cloud-based digital applications provider, in a cash deal of $12 mn (Rs.84.2 Cr). The Threasol products will complement its existing software offerings and will together come up with solutions for the apparel and footwear industries.
UK-Based Thread Maker Coats Acquires Indian-Origin Fabric Startup Threadsol for $12 mn
Date posted: Thursday 3 January 2019