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Shandong Ruyi acquires INVISTA apparel and textile business

 Last Update: 2021-09-04
 Source: Internet
 Author: User

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The American Lycra Group will operate this business as an independent subsidiary of Ruyi Group, and continue to provide advanced technical solutions for the apparel and medical care industries

Dave Trerotola, CEO of the Lycra Group, said that the Lycra Group will receive continued investment from Ruyi

Qiu Yafu, Chairman of the Board of Directors of Shandong Ruyi Investment Holding Group, said: “After completing the acquisition of Lycra Group, Ruyi will continue to invest in Lycra Group’s innovative businesses and brands to achieve its business growth goals

Ruyi Group is mainly engaged in the supply of textiles and has a fully integrated value chain, operating across raw material cultivation, textile processing, brand and apparel design and sales

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