MAS Holdings acquires majority stake in BAM Knitting

MAS Holdings acquired a majority stake in BAM Knitting, a fabric manufacturing and finishing operation in Sri Lanka, forming a joint venture to enhance knitting, dyeing, and printing capabilities for cotton fabrics.

“MAS Holdings launched a new venture by acquiring the assets of BAM Knitting (Pvt) Ltd., a leading fabric manufacturing and finishing operation in Sri Lanka.”masholdings.com

• 2 sources
• masholdings.comMAS Holdings Enters New Venture with BAM Knitting - MAS HoldingsAug 5, 2022
• mail.dfupublications.comMAS Holdings: Enters venture with BAMDFU PublicationsAug 8, 2022

Summarized from public sources; check the original articles before acting on it.