# Textprint Lanka amalgamates with Trischel Fabric

Textprint Lanka, a subsidiary of MAS Holdings, signed a sales and purchase agreement on 31 January 2021 to amalgamate with Trischel Fabric, becoming its official print solution provider.

- Type: Acquisition
- Announced: 2021-01-31
- Where: Sri Lanka
- Status: announced
- Products: synthetic fabric, cotton fabric, lace, fabric printing
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Textprint Lanka](https://endata.com/companies/53291.md)
- [MAS GmbH](https://endata.com/companies/16407.md) (partner)
- [Trischel Fabric (Private) Limited](https://endata.com/companies/33450.md) (target)

## Sources

- [ft.lk](https://www.ft.lk/business/Textprint-Lanka-enters-into-amalgamation-agreement-with-Trischel-Fabric/34-713296), 2021-02-17: "Through this amalgamation Textprint assumes position as Trischel’s official print solution provider."
- [ft.lk](https://www.ft.lk/Business/Textprint-Lanka-enters-into-amalgamation-agreement-with-Trischel-Fabric/34-713296), 2021-02-17: "Through this amalgamation Textprint assumes position as Trischel’s official print solution provider."

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