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GRUPO MODA ESTILMAR: share capital reduced

IN ACCORDANCE with the decision approved at the Extraordinary General Meeting of Grupo Moda Estilmar shareholders on 2 January 2015, official formalities were completed to reduce the company’s capital to EUR 757’260. The objective is to amortize the cash reserves of the company that produces printed swimwear fabrics.

Grupo Moda Estilmar

Grupo Moda Estilmar

 

The move follows the assumption of the management of the company by the founder Domenech family after the acquisition of the Dogi knitting operation by a private equity fund.

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