German sportswear brand Puma announced on Friday 20 May, 2011, that it will acquire the remaining stake in Dutch bodywear and socks company Dobotex, in which it currently holds 50.1%.

The Dutch licensee develops, produces and distributes Puma socks and bodywear.

Puma will acquire the remaining stake on 1 January, 2012. Financial details were not disclosed. Puma said the offer was friendly and had full support of Dobotex management.

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