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Spanish textile group Nextil signed an MOU to acquire a 70% majority stake in Portuguese company Sindutex via a €1.75 million capital increase, aiming to expand its industrial platform in Europe and strengthen its presence in luxury and premium apparel segments.
“Esta operação permitirá gerar sinergias, ampliar capacidades produtivas e reforçar o posicionamento no mercado de luxo e premium, em linha com uma estratégia de crescimento sustentável.”executivedigest.sapo.pt
Summarized from public sources; check the original articles before acting on it.