Companhia de Tecidos Norte de Minas COTEMINAS. Stock Analysis CTNM4.SA

Cia de Tecidos Norte de Minas engages in production and marketing of yarns and fabrics. The company is headquartered in Montes Claros, Minas Gerais. The company went IPO on 2007-08-13. The firm is involved in the production, marketing, import and export of yarns and fabrics. Through the subsidiary Springs Global Participacoes SA, the Company is active in the production of bed and bath articles, as well as in the retail of textile household goods under the brand name Artex. Through the subsidiary Oxford Comercio e Participacoes SA, it is also involved in the manufacture and marketing of fabrics, which are mainly used in apparel products, including sportswear, professional uniforms and personal protective equipment (PPE). As of April 19, 2012, Wembley SA was the major shareholder of the Company, with 22.03% of total number of shares.