Nextil Group executed a €4.4 million sale and leaseback transaction for its industrial facilities in northern Portugal, supporting its strategic plan to enhance growth in the luxury textile sector.

Target Information

Nextil Group has successfully transitioned its industrial assets located in northern Portugal through a strategic sale and leaseback transaction. This operation, valued at €4.4 million, involved the divestiture of its facilities to a local investor, ensuring the company's ongoing operational stability. The agreement also includes a long-term lease of 25 years, which guarantees the continuation of production activities at these facilities.

Industry Overview in Portugal

Portugal's textile and apparel industry plays a significant role in the national economy, known for its high-quality manufacturing capabilities and a strong presence in the luxury fashion sector. As one of the oldest textile manufacturing locations in Europe, the country boasts a rich tradition of craftsmanship and innovation, attracting several international luxury brands to source their products locally.

In recent years, the industry has undergone considerable transformation, partly due to advancements in technology and production techniques, which have enhanced efficiency and competitiveness. Moreover, the