Nishat Mills to acquire 100% of Wernerfelt A/S

Nishat Mills has decided to acquire 100% of the issued share capital of Danish fabric maker Wernerfelt A/S for a consideration up to $4.5 million. The acquisition will be through Nishat International FZE Dubai or the company itself.

“The Board of Directors of Nishat Mills has decided to acquire 100% of the issued share capital (along with transfer of complete management control) of Wernerfelt A/S by the company and/or Nishat International FZE, Dubai for a consideration up to $4,500,000.”textilesouthasia.com

• 1 source
• textilesouthasia.comPakistan's Nishat Mills to acquire 100% of Danish fabric maker WernerfeltTSA DeskJan 23, 2023

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