Bagir集团得到埃塞俄比亚服装厂
Bagir Group acquires Ethiopian garment factory
Israeli apparel designer and marketer, Bagir Group said it has entered in to a deal to purchase a 50 per cent stake in Ethiopian clothing factory, Nazareth Garments.
The deal which was negotiated for $1.5 million is subject to several conditions which are to be met by both
According to Bagir, the deal is expected to give Bagir a competitive advantage from the duty free status granted by both, the EU and US.
“Competitive costs and government support for the textile industry, would also prove to be favourable to the Bagir Group,” it said
Danny Taragan, CEO of Bagir Group Ltd said, “We have today announced the potential investment in an Ethiopian production facility which is a very exciting opportunity for Bagir.”
He added, “The board considers that the work being undertaken and the potential new investment will strengthen the position of the company.”
译文如下：
Bagir集团得到埃塞俄比亚服装厂
以色列服装设计和销售公司Bagir集团表示,它正在进行一项交易，购买埃塞俄比亚的服装厂——拿撒勒服装厂50%的股份。
交易的谈判价格为150万美元是同时满足拿撒勒和Bagir的几个条件之一，预期在年底会达成交易。
据Bagir所说,该交易有望给Bagir在欧盟和美国的免税地位中得到竞争优势。
“有竞争力的成本和政府对纺织业的支持,也将被证明有利于Bagir集团。”
Bagir集团的首席执行官Danny Taragan说：“我们今天宣布对埃塞俄比亚生产企业的潜在投资对Bagir来说是一个非常激动人心的机会。”
他补充说:“董事会认为应当开始工作，潜在的新投资将加强该公司的地位。”