ウルトラファブリックス・ホールディングス entered into a strategic partnership with Denmark-based Gabriel Holding, aiming to expand sales of premium synthetic leather in the European market.
ウルトラファブリックス・ホールディングス announced that it had entered into a strategic partnership agreement at noon on the 15th with Denmark-based Gabriel Holding, a textile manufacturer serving the European furniture and interiors market. The partnership is intended to raise awareness of the brand and expand sales in the European market. Selling has prevailed in the stock amid weak market conditions.
Founded in 1851, Gabriel Holding and its group have an established sales network and market expertise. Under the agreement, ウルトラファブリックス・ホールディングス plans to leverage Gabriel Holding's network to strengthen the presence of the Ultrafabrics brand in Europe.