Ceylon Knit Trend acquires Browns Fabric LtdSri Lanka’s Browns Fabric Ltd has been acquired by knitted fabric manufacturer, Ceylon Knit Trend, a major supplier to leading sportswear brands such as Patagonia. Part of the Hirdaramani Apparel Group, Ceylon Knit Trend has acquired 100% of the business from the Browns Group PLC conglomerate in a Rs.50,000,000 deal. Browns Fabric operates a new, $52 mn, vertically integrated, weft knitting plant in the country’s north western province of Kurunegala.

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