Himatsingka buys Italian firm Bellora for Rs 116cr |
BS Reporter / Mumbai March 03, 2007 |
Bangalore-based silk fabric manufacturer Himatsingka Seide has acquired 70% stake in Bellora, an Italian bed linen brand for Rs 116 crore. The acquisition will enable the company to spread its presence globally. Himatsingka is also in talks with other international bed linen brands. The acquisition of Bellora, a pan-European luxury brand, is in line with Himatsingka |