Textprint Lanka Enters into Amalgamation Agreement with Trischel Fabric

Sunday, 21 February 2021 10:28

 businesscafe Textprint Lanka Enters into Amalgamation Agreement with Trischel Fabric

Businesscafe - Textprint Lanka (Pvt) Ltd - the fully integrated fabric printing entity of MAS Holdings supply chain - signed a Sales and Purchase Agreement with Trischel Fabric (Pvt) Ltd on the 31st of January 2021.

Through this amalgamation Textprint assumes position as Trischel’s official print solution provider.

With this merger, Trischel - the only vertically integrated warp and weft synthetic fabric manufacturer in South Asia - will leverage Textprint printing capabilities in synthetic fabric, cotton fabric and lace to offer a comprehensive manufacturing solution.

The amalgamation follows MAS’ joint venture agreement of 2018 with Best Pacific International Holdings Limited - the leading one-stop solution provider in the global synthetic textile industry.

Since the formation of the joint venture, Trischel has grown to become one of the largest synthetic fabric manufacturers in South Asia catering to the needs of the world’s foremost fashion brands.

With the amalgamation of Trischel and Textprint Lanka, the company will continue to drive performance improvements across the supply chain by streamlining operations and exploring more growth opportunities in the domain of fabric printing technology.

Trischel’s new printing arm will acquire Textprint Lanka’s state-of-the-art technologies such as flatbed printing, rotary printing, digital printing and foil printing, as well as its in-house design and development unit, engraving unit, fully automatic color dispensing unit and other finishing technologies.


About Trischel Fabric (Pvt) Ltd

Trischel is the only warp knit, synthetic stretch fabric manufacturer in South Asia, producing a wide range of Tricot and Raschel fabrics as well as circular knits, specializing in fine gauge and functional fabrics that are utilized in garments for lingerie, swimwear, sportswear, and athleisure.

A growing customer portfolio includes world-renowned brands such as Lbrands, Lululemon, Nike and Decathlon.

Trischel is a fully vertically integrated operation with the latest technology from warping of yarn to knitting, dyeing, finishing, and printing of the fabric all under one roof.


Businesscafe Image - From left to right : Dhanushka Fernando (Chief Executive Officer, Trischel Fabric (Pvt) Ltd.), Jon Jia (Director, Trischel Fabric (Pvt) Ltd.), Prasanna Jayasekera (Group Finance Director, MAS Holdings (Pvt) Ltd.), Misver Deane (Chief Executive Officer, MAS Fabric Park (Pvt) Ltd.) and Uvais Hamza (General Manager Finance, Trischel Fabric (Pvt) Ltd.) formalizing the Sales and Purchase Agreement

Last modified on Sunday, 21 February 2021 11:13