Portfolio

Texamérica
Clothing sales
FRN

Invested in
2015
Investment Rationale

Founded in 1981 and based in Barcelos, Texamérica is dedicated to the intermediation and control of the entire clothing production process for large national and international retail chains. The company specialises in knitted garments mostly for women, such as tops, dresses and cardigans. Its main clients are globally renowned brands.

In the last few years the textile / clothing sector in Portugal underwent a significant recovery with even better prospects for the coming years.

Strategy

Benefit from the recovery and sustained growth in the textile-fashion sector in the last few years in Portugal. Increase penetration for existing client portfolio, which already includes several of the world’s largest retail groups, also attract new international clients.

FRN’s investment will enable working capital needs arising from expected rise in turnover to be met, as well as hiring of extra staff for the company’s sales department.