Nilörngruppen AB (publ) and its subsidiary announced today that they singed a joint-venture agreement with Hembly International Holdings Limited for an establishment in China. This company will offer a complete, creative and tailor-made solution to existing and potential clients. The offer includes design, product development, sales, purchase, stockholding and supply of labels, packaging and other accessories to clients within the fashion and textile industry.

Nilörn and Hembly have identified a number of synergies in the light of the rapid development within the textile and fashion industry as more production goes to China. Nilorn Shenzen, which will be owned by a joint-venture, will be based in Shenzhen and offer both Hembly’s and Nilörn’s clients new values as a cost efficient service with focus on quality and shorter lead times.

”We are very pleased that we will now be able to present a local solution within China, from which we can offer customer service and a logistic...