Lingerie maker AS Lauma Lingerie acquires lace Co Desseilles
15 Apr '06
1 min read
Textile firm AS Lauma Lingerie bought out Desseilles Textiles SAS. Desseilles is a French company which is involved in lace making. Luma took over the administration since November 2005.
Sources say that Lauma is planning to set up Desseilles as its design, research and development center.
Liepaja, Ziemeluiela based Lauma is a textile company supplying to well-known brands like Barbara, Christian Dior, Etam, Morgan, Ravage, Scandale, Lise Charmel, Le Bouget; Germany's Naturana, Austria's Luva acquired fabrics from Lauma Company.
Calais, France based Desseilles having five plants, completes cycle from creation to delivery, including dyeing and finishing of lace.
Alta Capital is a largest shareholder of this Latvian textile company.
Estonia based Alta Capital specializes in private equity investments, and has established itself as the largest and most active participant in the region.
marketing@alchempro.com
