Argentina’s Santista acquired by Brazilian GBPK

Less than two years after the purchase by the Mexican group Siete Leguas, now the Brazilian group GBPK Inversiones Limitada has just closed a deal to become the new owner of Santista Argentina, one of the largest textiles companies in Argentina, with a turnover in 2019 of $38.91 million. This year it launched an investment plan for more than $5 million for the incorporation of new looms.

Source: La Nación