# Nextil to acquire 70% stake in Portuguese textile firm Sindutex

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.

- Type: Acquisition
- Announced: 2026-03-24
- Where: Portugal
- Status: announced
- Products: textile products for luxury and premium apparel
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Nextil](https://endata.com/companies/35565.md) (acquirer)
- [Sindutex](https://endata.com/companies/91004.md) (target)

## Sources

- [executivedigest.sapo.pt](https://executivedigest.sapo.pt/textil-espanhola-compra-empresa-portuguesa-com-200-trabalhadores-e-quer-chegar-aos-10-milhoes-de-faturacao/), 2026-03-24: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.