ESTONIA: Klementi Bought From Bankrupt Finnish PTA
A consortium has bought a controlling 79.08 per cent stake in Estonia's largest women's clothes maker Klementi from bankrupt Finnish firm PTA Group for 8 million kroons. The group, which is made up of Estonian risk capital firm Alta Capital, London-based Bonfield Asset Management, Klementi's CEO Madis Vooras and local businessman Sven Mansberg, has also acquired the rights to use the international trademarks PTA, Avenue, MalliMari, MasterCoat, ClubLine and Piretta.
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