{
  "id": 5537045,
  "title": "Olive Africa acquires Vlisco stake in Tex Styles",
  "url": "https://urgent.news/2026/09/04/olive-africa-acquires-vlisco-stake-in-tex-styles",
  "topic": "world",
  "section": "World",
  "published": "2026-09-04T10:13:18.000Z",
  "source": {
    "name": "Ghanaian Times",
    "slug": "ghanaian-times",
    "url": "https://ghanaiantimes.com.gh/olive-africa-acquires-vlisco-stake-in-tex-styles/"
  },
  "original_language": "en",
  "account": "Ghanaian investment firm Olive Africa Partners Fashions Limited has acquired full control of Tex Styles Ghana Limited (TSG), including the Vlisco shareholding and the Woodin brand, as per a press statement released by the company. The acquisition also encompasses the transfer of trademarks, namely the GTP and Woodin brands, associated with the company. TSG, co-founded by Kofi Kwakwa and John Gadzi, expressed their commitment to maintaining the company's operational continuity under the current management structure. The acquisition signifies a significant milestone for Kofi Kwakwa, who holds a personal connection to the business, as his mother once traded in GTP fabric for family support. Kofi Kwakwa emphasized the company's pride in its heritage and its role as a cornerstone of Ghana's textile industry over the decades. Both TSG and the Vlisco Group acknowledged the dedication and understanding of the industry by the new Ghanaian-based investor and the existing management team. TSG's Managing Director, Kodwo Agyenim-Boateng, expressed gratitude to Vlisco for their support and pledged to work together to propel the business forward.",
  "summary": "Olive Africa Partners Fashions Limited, a Ghanaian investment company, has become the principal shareholder of Tex Styles Ghana Limited (TSG) following its acquisition of Vlisco’s entire shareholding in the company, together with the Woodin brand. The acquisition, announced in a press statement issued by the company and copied to The Ghanaian Times, also included the … The post Olive Africa…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}