# 1888 Mills and Sapphire form joint venture to acquire majority of blc Textiles and CTW

1888 Mills and Sapphire USA LLC entered into a joint venture with blc Textiles and Cambodia Textiles Worldwide to acquire the majority of shares in blc and CTW. Terms were not disclosed.

- Type: Acquisition
- Announced: 2025-09-15
- Status: announced
- Products: textiles for hospitality, healthcare, and industrial markets
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [1888 Mills](https://endata.com/companies/87470.md) (acquirer)
- [Sapphire USA LLC](https://endata.com/companies/87471.md) (acquirer)
- [blc Textiles](https://endata.com/companies/87472.md) (target)
- [Cambodia Textiles Worldwide](https://endata.com/companies/87473.md) (target)

## Sources

- [hometextilestoday.com](https://www.hometextilestoday.com/manufacturing/new-jv-marries-production-in-pakistan-bangladesh-and-cambodia/), 2025-09-15: "1888 Mills, in partnership with Sapphire USA LLC, has entered into a joint venture with blc Textiles and Cambodia Textiles Worldwide (CTW) to acquire the majority of shares in blc and CTW."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.