PAI-backed Coin buys Melablu for EUR26m

PAI-backed clothing manufacturer Coin has acquired Tre.Bi, owner of the Melablu brand, in a deal valued at EUR25.5m. The acquisition finance transaction was carried out via the Coin-owned Oviesse brand. Coin will incorporate Melablu's 60 stores into its existing network, giving it a greater presence in the North of the country. More information will follow in the next issue of Southern Europe unquote".

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