Superhouse has received an approval to acquire 100% shareholding of Linea De Seguridad. S. L., Spain for the consideration of Euro 855,000 approximate. The board at its meeting held on September 12, 2012 has approved for the same. Linea De Seguridad.S.L., Spain is engaged in trading and manufacturing of Safety Footwear/ Shoes.
Further, it was also decided by the board to avail Term Loan Facility (ECB) of Euro 1.275 Million from Bank of Baroda.
Superhouse is part of Superhouse Group, which is multi-unit and multi-product conglomerate with brand leadership in the field of footwear manufacturing and exports. The group is well equipped with the most modern machineries and a specialized workforce and produces all types of quality leather, leather goods and textile garments that are appreciated all over the world.
