Hansae completed the acquisition of Texollini.

Hansae, a global fashion ODM company, completed the acquisition of Texollini, a manufacturer of clothes designed for other brands. Financial terms were not disclosed. The company expects that the acquisition will strengthen its synthetic fiber production technology and enable it to the growing nearshoring trend in the Central American region. Equipped with fully automated production lines, Texollini’s factory can handle the entire process, from fabric production to dyeing and printing, around the clock.