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Announced

Sae-A Trading to acquire entities in Honduras, El Salvador, and the US from Tegra.

Synopsis

Sae-A Trading, a garment manufacturer and supply chain solution provider, agreed to acquire entities in Honduras, El Salvador, and the US from Tegra, a manufacturer of sports apparel products. Financial terms were not disclosed. "We have been impressed by the commitment of Sae-A to our business, region and customers, and believe this transaction represents an attractive outcome for Tegra, its employees and our stakeholders," Steve Cochran, Tegra CEO.

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