Tavex Completes Acquisition <br>Of Acabados Y Cortex Textiles
The acquisition will increase Tavex’s manufacturing capacity in Mexico to 30 million meters, including workwear and denim fabrics. The purchase is in line with Tavex’s goal of consolidating global denim fabric production and definitively positioning the company in the US market.
“Our objective with this investment is to increase denim production in the differentiated product segments [Authentic and Premium lines] in North America,” said Herbert Schmid, CEO, Tavex Group.
“As part of this strategy, in July, Tavex will open a service center in New York to meet the demand of current and future clients.”