Brief: Exel Industries Acquires Italian Company GF Garden

Exel Industries SA

15/02/2022 17:11

Feb 15 (Reuters) - Exel Industries SA  EXEP.PA :
    * EXEL INDUSTRIES COMPLETES ACQUISITION OF ITALIAN COMPANY
GF
GARDEN
    * HAS COMPLETED ACQUISITION OF 100% OF ITALIAN COMPANY GF
GARDEN
AFTER ALL PRECEDENT CONDITIONS HAVE BEEN SATISFIED.
    * GF GARDEN BECOMES A SUBSIDIARY OF EXEL INDUSTRIES AND WILL
OPERATE ALONGSIDE BRANDS OF GROUP'S GARDEN DIVISION: HOZELOCK,
TRICOFLEX AND BERTHOUD
    * THIS NEW MILESTONE IN THE DEVELOPMENT OF EXEL INDUSTRIES
IS PART
OF THE GROUP'S OVERALL STRATEGY TO POSITION ITSELF AS A LEADER
IN ALL ITS MARKETS, BOTH THROUGH ORGANIC GROWTH AND EXTERNAL
GROWTH
    * GF GARDEN SITE IN CORREGIO IN EMILIA ROMAGNA REGION JOINS
GROUP
WITH ALL ITS EMPLOYEES

Source text for Eikon:  ID:nGNE8WDqlZ 
Further company coverage:  EXEP.PA 

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