By  on April 24, 2018

MILAN – Reda Group, the Biella, Italy-based woolen mill, has acquired 100 percent of textile specialist Comero SpA. Terms of the deal were not revealed.

“We are very proud to have finalized the acquisition of Comero SpA, which will help us establish important productive and commercial synergies thanks to the mutual affinities in terms of products, commercial structure and distribution network,” said Ercole Botto Poala, chief executive officer of Reda Group.

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