Creditex S.A.A. (BVL:CRETEXI1) acquired the clothing business of Compañía Universal Textil S.A. (BVL:UNITEXI1) for $2.3 million on August 1, 2018. Luis Miranda Alzamora, Pablo Sotomayor Hernández, Nathalie Paredes Freiin Von Hammerstein-Gesmold and Anahí Pazos Aramburú of Miranda & Amado acted as legal advisor to Compañía Universal. Javier Zavala and Gerard Chafer of LXG Capital acted as financial advisor to Compañía Universal Textil S.A.

Creditex S.A.A. (BVL:CRETEXI1) completed the acquisition of the clothing business of Compañía Universal Textil S.A. (BVL:UNITEXI1) on August 1, 2018.