Glen Raven, a provider of performance fabrics, has signed a Letter of Intent to acquire Sunbury Textile Mills, a market leader in design and manufacture of decorative jacquard fabrics.
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Trident Limited is the flagship company of the $1 billion Indian business conglomerate and global player, Trident Group. Incorporated in 1990, headquartered in Ludhiana.
The Mumbai-based Creative Group, which is a leading textile manufacturer with an annual turnover of Rs 1,000 crore, has been growing at the rate of 30 per cent in the last five years.