Grupo M & Codevi is a vertically integrated textile company founded on 1986 by Fernando Capellán, its actual President & CEO. Created with the vision of a global company able to produce high quality garments with a value added; Grupo M begins its operations at Victor Espaillat Mera Industrial Park in Santiago in a sewing plant called AM Industries with a total of 185 employees.
Lately during 80s four more companies where opened by Fernando Capellán associated to some Dominican businessman with expertise in textile operations:
AM Creating industries initially with 185 employees in 1986.
Start of operations of FM Industries in 1987.
Industries MD , Villa González in 1988.
Acquisition of TMC and Vega Textile in 1989.