Value Creation and Financial Highlights of ELG slide image

Value Creation and Financial Highlights of ELG

LAUMA FABRICS Business strengths The company, situated in Liepaja, Latvia supplies all major manufacturers of intimate apparel throughout Europe. Financially sound and strong cash flow generative business. The company is Oeko-Tex, ISO, and REACH certified. Lauma Fabrics historical success has been built on 'one-stop- shop' strategy whereas a full set of materials for ladies underwear (warp knitted fabrics, laces, narrows, embroideries, moulded cups) is offered to the customer. Lauma Fabrics has a full production process under one roof (warping, knitting, dyeing and finishing), very rare for a European producer. The company has a modern dye-house, which enables beam and jet dyeing as well as includes water scouring equipment and stenters. Convenient location for production and European historically loyal employee base. Balanced geographical sales to CIS / Russia and Central and Western Europe with market leaders as the key customers. Lauma Fabrics balances European design and quality for a relatively low cost in comparison with old European producers.
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