Russia's Federal Antimonopoly Service granted the application of MFB International Holdings S.a.r.l. for the acquisition of the right to direct the business of DIM Rus LLC through the purchase of a 100% equity stake in DBA Lux Holdings S.A., the regulatory body informed.
The application was submitted on July 2. The information and documents accompanying the application meet the requirements of Russia's Competition Law, the regulatory authority commented.
MFB International Holdings S.a.r.l. is principally engaged in holding activities.
DIM Rus LLC imports and sells clothes, linen and other textile products, effects foreign transactions involving fabrics and textile equipment.
Lux Holdings S.A.'s core business is the manufacture and sale of textile goods.