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Deals26 Jul 2024, 11:49 pm

Filatex Fashions Subsidiary Receives $35 Million White Marble Order from Bloomflora Ventures

AI Summary

Filatex Fashions Ltd. announced that its subsidiary, Filatex Mines and Minerals Private Limited, received a purchase order worth $35 million from Bloomflora Ventures Limited. The order is for the supply of 2,97,388 Mt of White Marble over a period of 7 years for their upcoming 54 hospitals in Africa. This is the first export order for Filatex Mines and Minerals Private Limited.

Key Highlights

  • Filatex Fashions subsidiary receives a $35 million purchase order from Bloomflora Ventures Limited.
  • The order is for the supply of 2,97,388 Mt of White Marble over 7 years for 54 hospitals in Africa.
  • This is the first export order for Filatex Mines and Minerals Private Limited.
  • Bloomflora Ventures Limited is a company into Hospital Development Business.
  • The order is not a related party transaction.
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