Indian Rayon has announced the purchase of the global rights for Louis Philippe, Allen Solly (except North America) and Peter England (except UK and Ireland), from UK clothes manufacturers Coats Viyella.

The deal, said to be worth around $2.26m, has added to Indian Rayon's presence in the global market - a move started by the acquisition of Madura Garments last year.

So far the company has bought brands for the Indian and South Asian markets as well as a licence to export into West Asia. The brand purchase from Coats Viyella will now put them in the ideal position to move into Europe, Far East and Africa.