Tefron to acquire Romanian tights maker Adesgo for over EUR 2M

Israeli clothing manufacturer Tefron will take over Romanian tights and lingerie maker Adesgo for over EUR 2 million plus fixed assets valued at EUR 1.5 million and inventory costs. The deal is expected to close mid-2023.

“The deal, expected to be completed in the middle of this year, was agreed at a price of over EUR 2 mln plus the fixed assets valued at EUR 1.5 mln plus the cost of the inventory.”romania-insider.com

• 1 source
• romania-insider.comIsraeli investor takes over Romanian tights maker Adesgo | Romania InsiderIulian ErnstApr 11, 2023

Summarized from public sources; check the original articles before acting on it.