# Ternua Group integrates Loreak to enter fashion sector

Ternua Group announced the integration of Loreak, acquiring 100% of its capital, to enter the fashion market. The deal diversifies Ternua Group's business beyond outdoor and sportswear.

- Type: Acquisition
- Announced: 2019-05-22
- Where: Arrasate, Spain
- Status: announced
- Products: fashion clothing
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Ternua Group](https://endata.com/companies/39517.md) (acquirer)
- [Loreak](https://endata.com/companies/39518.md) (target)

## Sources

- [noticiasdegipuzkoa.eus](https://www.noticiasdegipuzkoa.eus/economia/2019/05/22/ternua-group-integra-loreak-introducirse-3844632.html), 2019-05-22: "Ternua Group anunció ayer la incorporación de la firma Loreak al grupo en una integración que permitirá a la firma de equipamiento técnico y textil deportivo de Arrasate introducirse en el mercado de la moda."

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