Standard Textile Acquires Luxury Italian-Based Global Hospitality Business Including the Mascioni Hotel Collection Brand

CINCINNATI, OH (November 5, 2018) – Standard Textile Co., Inc., a global leader in the hospitality and healthcare textile markets, announces today it has reached an agreement to acquire the global hospitality business of Mascioni SPA, Italy, including the Mascioni Hotel Collection brand.

Italidea thanks Mascioni for the successful collaboration and wishes every success in this new venture.