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    Brief: Nextil To Hold 70% Majority Stake in Portuguese Sindutex

    Picture of Nueva Expresion Textil SA logoNueva Expresion Textil SA
    20/03/2026 07:19
    March 20 (Reuters) - Nueva Expresion Textil SA NXTE.MC:

SIGNS MOU WITH PORTUGUESE SINDUTEX AND MAIN SHAREHOLDER

TRANSACTION VIA CAPITAL INCREASE IN SINDUTEX OF EUR 1.8 MILLION TO BE FULLY SUBSCRIBED BY NEXTIL

TO HOLD 70% MAJORITY STAKE IN SINDUTEX AFTER CAPITAL INCREASE

TRANSACTION WILL ENABLE NEXTIL TO DIVERSIFY CUSTOMER BASE AND PRODUCT MIX, GENERATING SIGNIFICANT SYNERGIES WITH EXISTING OPERATIONS IN PORTUGAL

Source text

Further company coverage: NXTE.MC

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com;))

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