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Sauleda S.A., a manufacturer of technical fabrics, acquired a majority stake in Citel, a family-owned textile company specializing in technical fabrics for outdoor use. The acquisition aims to preserve Citel's business model and increase its production capacities.
“The purchase of the shareholding has the double objective of preserving a business model based on the values of the family business and on the social and professional roots with the country.”sauleda.com
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