Coloreel continues to strengthen
29/10/2018
As well as the usual duties associated with a CFO, which include financial reporting, liquidity planning and forecasting, he will also work on recruitment and human resources activities.
”Mats will be a big help in Coloreels growth and development. His earlier experiences will be valuable for the expansion of Coloreel,” said Mattias Nordin, CEO of Coloreel.
Coloreel’s most significant innovation to date is a technology that enables high quality, instant colouring of textile thread. The first product based on this technology, a thread coloring unit that works with existing industrial embroidery machinery, was launched at the Avantex fashion fair in Paris in September.
Coloreel has said that by instantly coloring a white base thread, the technology offers complete freedom to create unique embroideries without any limitations in the use of colours. The base technology can be used in industrial embroidery, sewing, knitting and weaving, according to the company.
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