Tex Cotton Wins Former Sulfabril Industrial Complex At Auction | Pedro Machado



[ad_1]

The former Sulfabril industrial complex in Rua Itajaí will receive a new textile factory. Textile Tex Cotton, which owns three women-oriented clothing brands, sold more than 71,200 square meters at an auction held on Thursday afternoon. For the real estate group, valued at R $ 41.25 million, the company offered R $ 34.35 million, of which 10% of the entry – paid in fact – and the payment of the balance 72 times .

[19659003] Pedro Machado on Facebook

Read more News from Pedro Machado

In addition to the main building, the company also bought for R $ 1,480. 500, the second lot which was also auctioned this afternoon, referring to a 35,500 square meter lot located on Itapema Street. Previously, Tex Cotton had already won the auction of another bankrupt estate property located near the factory complex .

Taking the entire package is a strategic decision of Tex Cotton, which wants to concentrate its operations, now divided into four properties in the district of Garcia, Rua Itajaí. The company had plans to build a new plant on Bahia Street but instructions to date are waiting for definitions regarding environmental approvals to take the project out of paper. In a hurry to grow, he saw in the auction an opportunity to speed up his projects and dribble the public bureaucracy.

Present at the auction and in charge of the latest offer, Tex Cotton's chief financial officer, Ricardo Lira, told the blog that some reforms will have to be made locally, but the intention is to transfer the activities on as quickly as possible, maintaining the original structure. The company has approximately 420 employees. Before the start of work on Thursday afternoon, 14 offers of the industrial complex have already been announced in the courthouse of the Forum Blumenau.

Fierce conflict

had been made on the internet. At around 14:15, when the auctioneer Daniel Elias Garcia opened the possibility to the public to make offers, the highest bid was already 22,63 million R $ – the initial offer, presented by the same Tex Cotton November 23 was $ 20.63 million.

In the next 25 minutes, the atmosphere was full of suspense. Four representatives interested in the package made oral offers. Three of them alternated more frequently, covering the previous proposals of the opponents of the dispute – mostly with a minimal supply, which represented an increase of R $ 50,000 compared to the amount then in force.

100 offers were presented, representing an increase of R $ 11.72 million over the value, during this brief period until the hammer was finally struck at 2:40 pm. . Among other interested parties, the blog found that there was a group related to the construction sector.

[ad_2]
Source link