# Vicunha considers acquiring Cedro Têxtil

Vicunha, a major textile company, is in due diligence and negotiation to potentially acquire Cedro Têxtil, a century-old textile company from Minas Gerais, Brazil. The analysis is expected to conclude by October 2024.

- Type: Acquisition
- Announced: 2024-08-01
- Where: Brazil
- Status: rumored
- Products: textile products
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Vicunha](https://endata.com/companies/78948.md) (acquirer)
- [Cedro Têxtil](https://endata.com/companies/78949.md) (target)

## Sources

- [valor.globo.com](https://valor.globo.com/empresas/noticia/2024/08/01/vicunha-quer-diversificar-atuacao-com-compra-da-cedro.ghtml), 2024-08-01: "Estamos na fase de diligência e negociação de contrato"

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