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Shandong Ruyi to acquire Lycra® brand
December 22nd, 2017
Chinese textile manufacturer Shandong Ruyi will acquire INVISTA’s Apparel & Advanced Textiles business, which includes the global LYCRA® brand. The transaction will be in the form of stock to further solidify Ruyi’s position as a global leader in the apparel and hygiene markets, and is expected to be completed by mid-2018. In addition to Lycra, […]