January 22, 2002

Paris  – The Marmon Group (Chicago, Ill), a private equity group with investments in over one hundred autonomous manufacturing and service companies with collective sales of approximately $7 billion, has sold its business of 'Agnelle' luxury gloves manufacturing to its management. 'Agnelle' is famous for its ability to produce luxury leather gloves and supplies the most renowned French fashion houses.

CANEC Inteational initiated and facilitated the transaction on behalf of the Marmon Group.