Islamabad, Mar 25, 2025: Sapphire Textile Mills Limited (PSX: SAPT) is set to expand its global presence by acquiring a minority stake in RTS Textiles Group Limited, a well-established company based in England and Wales.
RTS Textiles has built a reputation for its expertise in manufacturing and supplying high-quality workwear fabrics across international markets.
However, Sapphire Textile Mills or one of its subsidiaries will directly carry out this strategic investment, subject to necessary corporate and regulatory approvals.
By joining hands with RTS Textiles, Sapphire aims to strengthen its footprint in the global textile industry, leveraging the company’s extensive market reach and expertise in the workwear fabric sector.
Sapphire Textile Mills is a leading name in Pakistan’s textile industry, engaged in the production and sale of yarn, fabrics, and home textiles.
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The company is known for its advanced finishing, stitching, and printing capabilities, catering to both local and international markets.
With this latest move, Sapphire seeks to enhance its global partnerships and reinforce its commitment to delivering premium textile solutions worldwide.
However, this investment aligns with Sapphire’s long-term vision of diversifying its operations and expanding into specialized textile markets.
As global demand for high-quality workwear fabrics grows, this partnership will bring mutual benefits and unlock new growth opportunities for both companies.
Stay tuned for further updates as Sapphire Textile Mills progresses with this strategic acquisition.
