An unknown buyer completed the acquisition of CGH Pacífico Mascarenhas and its transmission line from Companhia de Fiação e Tecidos Cedro e Cachoeira S.A..

Companhia de Fiacao e Tecidos Cedro e Cachoeira (Cedro) is a Brazil-based company involved in the textile industry. The Company and its subsidiaries are engaged in the production of denims, twills, canvas fabric and yarns. The Company also manufactures a range of fabrics, which are used in the production of professional apparel, such as medical uniforms and industrial clothing, among others. In addition, the Company runs the Decio Mascarenhas Textile Museum, located in the Company’s factory in Caetanopolis. As of December 31, 2011, the Company operated through factories in the Brazilian state of Minas Gerais, as well as through its subsidiaries, Companhia de Fiacao e Tecidos Cedronorte and Companhia de Fiacao e Tecidos Santo Antonio.