Closing of Acquisition
October 19 2007 - 3:01AM
UK Regulatory
RNS Number:9992F
Burani Designer Holding N.V.
19 October 2007
BURANI DESIGNER HOLDING N.V.
ACQUISITION OF GRANULATI ITALIA SPA
PRESS RELEASE
Burani Designer Holding N.V.
Milan, Italy - October 19th , 2007
BURANI DESIGNER HOLDING ANNOUNCES THE CLOSING OF THE ACQUISITION OF 51% OF THE
VOTING RIGHTS IN GRANULATI ITALIA SPA.
Burani Designer Holding N.V., a company quoted on the Alternative Investment
Market ("AIM") of the London Stock Exchange and offering Italian lifestyle
products and services to customers world-wide, today announces the closing of
the acquisition, originally communicated on July 27, 2007, of a 51% controlling
interest in Granulati Italia SpA, a granulated fine foods manufacturer and
distributor based in Bergamo, Italy.
The acquisition of Granulati Italia S.p.A, the fourth effected by BDH in the
past six months, has been carried out through the newly established holding
company BDH Food Design s.r.l, whose aim is to extend BDH's reach into the
internationally appreciated Italian fine foods business.
Contacts:
Investor Relations & Strategic Dev. Corporate Communications
Carol Brumer Daniela Zari
Via Montenapoleone, 2 Via Montenapoleone,3
Milano, 20129 ITALY Milano, 20129 ITALY
Tel: +39-(0)2-76420111 Tel: +39-(0)2-76015354
Fax: +39-(0)2-781480 Fax: +39-(0)2)76009545
e-mail: cbrumer@mariellaburani.com e-mail: dzari@mariellaburani.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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