Dogi shareholders approve Treiss’ acquisition

- This acquisition revives Dogi’s strategy, expanding its activity and bringing the company closer to major clients, thus significantly increasing its turnover.
- Treiss is a Spanish firm engaged in womenswear design and the management of the logistics and production process, and which clients are the leading fashion chains.
- Treiss, that will be globally included into DOGI’s accounts, has closed year 2015 with a sales figure of € 21.9 million, an EBITDA of € 4.3 million and a net profit of € 3 million.
- DOGI will continue to bet on acquisitions to develop its strategic plan which goal is to reach a turnover of € 200 million by 2020.

Dogi International Fabrics’ General Shareholders Meeting (GSM), which has taken place yesterday in El Masnou (Barcelona), has approved Treiss’ acquisition. By doing so, Dogi takes a new step forward in its Strategic Plan which implies becoming a major group in the textile sector, with a turnover that should exceed € 200 million in 2020 and committed to be present in various segments of the textile industry.

Treiss acquisition enables the group to diversify considerably its income sources. It is a Spanish company engaged in womenswear design and the management of the logistics and production process, and which clients are the leading fashion chains. In 2015, its turnover amounted to € 21.9 million with an EBITDA (earnings before interest, taxes, amortisation and depreciation) of € 4.3 million and a net profit of € 3 million.

Growth through Acquisitions.

Treiss acquisition falls within the framework of DOGI’s announced strategy to create a leader textile group, thereby including a new business unit focused on garment design and supply chain management for major fashion chains, and that will maintain Treiss’ current management team at the head of the company.

Sherpa Capital
BACK
13/10/2021

lavanguardia.com

modaes.es

elconfidencial.com

Descargar PDF
Volver
Legal Notice and Cookies Policy
SHERPA CAPITAL © 2019. All rights reserved.