History

60's

1967 – Foundation of Companhia de Tecidos Norte de Minas – Coteminas.

70's

1975 – Start of operations of first textile plant in Montes Claros, MG.

80's

Expansion through the acquisition of a new plant located in Natal, RN

90's

Acceleration of growth with a focus of attaining economies of scale;

Construction of two new plants in Campina Grande, PB and acquisition of plants located in Blumenau, SC and João Pessoa, PB;

Entering the consumer products segment, through the acquisition of Santista and Artex brands, in Brazil, and Arco-Íris and Fantasia brands, in Argentina.

2000's

International expansion through an strategic alliance with Springs Industries in the United States;

2004 – Construction of a new plan in Argentina;

2006 – Creation of Springs Global as a result of a merger between Companhia de Tecidos Norte de Minas, with operations in South America, and Springs Industries, with operations in North America;

2007 – Initial Public Offering of Springs Global. Focus on delivering the synergies resulting from the merger.

2009 – Entering the retail market in Brazil, through the acquisition of MMartan

2010's

2009 – 2011 – Expansion of MMartan stores, from 57 to 168

2011 – Launch of a second retail chain under the brandname Artex

Expansion of product offerings and integration between the industrial and retail operations;

2015 – Start of Artex franchises

2018 – Start of digital franchise

2019 – Combination of North American operation asset with Keeco