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Foundation of Companhia de Tecidos Norte de Minas - Coteminas.
Start of operations of first textile plant in Montes Claros, MG.
Expansion through the acquisition of a new plant located in Natal, RN.
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.
International expansion through an strategic alliance with Springs Industries;
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
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