Norlanka Manufacturing, a subsidiary of PDS Ltd is acquiring a 26 per cent stake in Nobleswear, a Sri Lanka-based specialised manufacturer of children’s wear products, offering finished product solutions to top global apparel brands.
This move expands PDS’ manufacturing footprint in key locations, emphasising its commitment to innovation, collaboration, and excellence in the global fashion industry. It also strengthens the company’s foothold in the children’s wear segment besides expanding its comprehensive fashion solutions portfolio.
A trusted partner for top apparel brands, Nobleswear delivers innovative, sustainable, trendy and high-quality children’s wear products. The company’s topline more than doubled to Rs 38 crore in FY23, with a bottom line profit of 8 per cent.
The partnership merges Norlanka’s manufacturing capabilities with PDS’ global network to deliver unparalleled value to customers and drive growth in the highly competitive fashion industry. It also aims to focus on the well-being of employees, local communities, and the environment.
