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XM Textiles has signed an agreement to acquire the textile business of Polish Textile Group (PTG), effective August 1, 2024, integrating PTG's product line of fabrics, reflective tapes and sewing accessories.
“This strategic acquisition, which will take effect on August 1, 2024 is designed to consolidate resources, enhance product offerings, and expand market reach.”xmtextiles.com
Summarized from public sources; check the original articles before acting on it.