Gazelle Finance has invested in Armenian textile manufacturer Sonati to support its international expansion and promote Armenian craftsmanship globally.
Target Information
Gazelle Finance is investing in Sonati, a high-quality textile manufacturer from Armenia that has successfully established a well-known brand and garnered thousands of customers across the country. Sonati is currently expanding its production capacity by opening stores in Russia and the United States. The company aims to revive historical Armenian patterns by integrating them into unique textile pieces. Founded at the beginning of 2020, Sonati has carved a niche for itself among Europe and America's reputable high-end textile manufacturers, despite the challenges posed by the pandemic.
Each product from Sonati is branded as "Created by Art," featuring exquisite softness, lightweight fabrics, and breathability, adorned with distinctive designs. The founder of Sonati, Sona Hovhannisyan, emphasizes that the brand's unique philosophy and quality approach are supported by numerous world-renowned artists and designers, enhancing the company's visibility in the global market as an ambitious new Armenian brand.
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Industry Overview in Armenia
Armenia’s textile industry has been experiencing a renaissance, fueled by the growing global demand for unique and quality fabrics. Traditionally recognized for its rich cultural heritage, Armenian textiles include intricate
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Disclosed details
Transaction Size: $600M