American & Efird Global will buy an additional 40 per cent stake in Vardhman Yarns and Threads, which would make the US firm a majority stakeholder. Vardhman Yarns and Threads (VYTL) is a joint venture between American & Efird Global (A&E) and Vardhman Textiles. The company makes sewing and specialty threads. This strategic joint venture leverages the strengths of both companies to expand thread sales in India’s rapidly growing sewn products market and further expands American & Efird’s presence in important Asian markets.
VYTL makes sewing threads, embroidery threads and special application threads for all categories and types of apparel sewing. It has specialty threads for automotives, footwear, technical textiles etc. VYTL provides a wide range of solutions for sewing, embroidery and for special applications in clothing, home textiles and leather products. Additionally Vardhman Yarns & Threads provides value added services like thread advisory, thread consumption in a garment, thread education seminars. American & Efird is present in 44 countries and has 33 manufacturing facilities and 78 distribution points across the globe.
The Vardhman Group is a leading textile conglomerate in India. Spanning over 25 manufacturing facilities in five states, the group’s business portfolio includes yarn, greige and processed fabric, sewing thread, acrylic fiber and alloy steel.
