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Himatsingka buys Italian firm Bellora for Rs 116cr

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BS Reporter Mumbai
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

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First Published: Mar 03 2007 | 4:14 PM IST

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