# 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.

- Type: Acquisition
- Announced: 2023-04-11
- Where: Romania
- Value: $2.18M (2.00M EUR)
- Status: announced
- Products: tights, lingerie
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Tefron](https://endata.com/companies/69653.md) (acquirer)
- [Adesgo](https://endata.com/companies/69654.md) (target)

## Sources

- [romania-insider.com](https://www.romania-insider.com/tefron-adesgo-romania-takeover-2023), 2023-04-11: "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."

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