Deloitte acts for CIP and Alteba on ThinkTextil acquisition

Deloitte Abogados advised CIP Internacional and Alteba on the €15 million acquisition of retail fashion company ThinkTextil, according to Mergermarket.


ThinkTextil was sold by Springwater Capital.

Springwater acquired ThinkTextil in January 2015 – under its ownership ThinkTextil’s turnover grew by 87 per cent.

Investment firm Springwater focusses on small to medium-sized companies in western Europe with revenues in the region of €25 million to €750 million.

Ben Cook