• Historically, 100% of the shares of LSEZ Lauma Fabrics SIA (LV) were held by Myrtyle Ventures Ltd (CY).
  • In April 2017, Myrtyle Ventures Ltd established two further subsidiaries – AS European Lingerie Brands (LV) and AS European Lingerie Group (LV) (previously named AS Lauma International). In the same month all of the shares of LSEZ Lauma Fabrics SIA were firstly contributed to the share capital of AS European Lingerie Brands and then all of the shares of AS European Lingerie Brands were contributed to the share capital of AS European Lingerie Group.
  • In May 2017, AS European Lingerie Brands established a new subsidiary – E|L|B GmbH (DE) (previously named Platin 1503. GmbH). Later in June 2017, E|L|B GmbH acquired 100% of the shares of Felina International AG (CH).
  • In December 2017, AS European Lingerie Group acquired a new subsidiary – AO “Avangard” (RU).
  • In January 2018, Myrtyle Ventures Ltd established a new subsidiary – European Lingerie Group AB (publ) (SE). A month later, in February 2018, Myrtyle Ventures Ltd made a shareholder contribution into the equity of European Lingerie Group AB (publ) by contributing all of the shares of AS European Lingerie Group.
  • In July 2018 AS European Lingerie Brands merged with AS European Lingerie Group. The change was undertaken to simplify the Group structure, having no impact on the operations or ultimate shareholders of the Group.