Arlen SA GPW:ARL:
SAID ON THURSDAY THAT ITS UNIT ARLEN SILESIA HAD SIGNED A DEAL WITH ALVI TO ACQUIRE 100% OF SHARES IN ALVI POLSKA FOR 35,000 ZLOTYS
ACQUISITION ADDS KNITWEAR PRODUCTION CAPACITY AND A FACILITY IN JELENIA GORA TO THE GROUP
PLANS UP TO 3 MLN ZLOTYS IN FINANCING FOR ALVI AND TOTAL OF 1.2 MLN ZLOTYS FOR NEW MACHINERY AND ERP SYSTEMS
EXPECTS NEW UNIT TO EXPAND PRODUCT RANGE TO INCLUDE T-SHIRTS, UNDERWEAR AND SLEEPING BAGS, AND BOOST GROUP'S TENDER COMPETITIVENESS
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