Garware Technical Fibres to acquire OTS.

Garware Technical Fibres, a company specializing in the manufacturing of technical textiles, agreed to acquire OTS, a manufacturer of high-tech synthetic fiber ropes. Financial terms were not disclosed. “This acquisition marks a key milestone in Garware’s global growth trajectory and reinforces its commitment to delivering innovative, high-performance solutions to customers around the world,” Vayu Garware, Garware Technical Fibres Chairman & Managing Director.