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Metro Brands acquires 100% stake in Cravatex Brands

08 Dec 2022 Evaluate

Metro Brands has acquired 100% shareholding of Cravatex Brands, a  company engaged in  the  business  of importing,  trading,  selling,  marketing,  advertising,  retailing  and  distribution  of footwear,  apparel  and  accessories  under various brands including ‘FILA’ and ‘Proline’.

Earlier, the company had signed a share purchase agreement to acquire 100% shareholding of Cravatex Brands, to expand its presence in the sports and athleisure space in India.

Metro Brands is one of the largest Indian footwear speciality retailers and is amongst the aspirational Indian brands in the footwear category.

Metro Brands Share Price

1035.55 3.15 (0.31%)
05-Jun-2026 09:27 View Price Chart
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