As part of this transaction, Techno Design will take over the existing sourcing operations of Gerry Weber and cater to all the global sourcing needs brand. Techno Design shall provide inputs for product development, manage the selection and monitoring of manufacturing facilities as well as the capacity planning. Techno Design will also be responsible to fulfill the compliance, sustainability, and quality requirements of the brand. Angelika Schindler-Obenhaus, CEO Gerry Weber International AG, on the deal: “Techno Design has a very good reputation in the market and brings other key prerequisites for a successful partnership. Experience in taking over a sourcing organization, financial strength, and innovation. In addition, we quickly found a basis of trust with each other. For us, as well as for Techno Design, it is all about maximum continuity. Because one thing is clear: quality, fit and delivery reliability should remain our strengths.”