Kering : completes the acquisition of Italian jewelry group Pomellato
Kering announced today that it has completed the acquisition of a majority stake in the Pomellato group, in accordance with the terms announced on 24 April, 2013, after having received clearance from the antitrust authorities.
A world leader in apparel and accessories, Kering develops an ensemble of powerful Luxury and Sport & Lifestyle brands: Gucci, Bottega Veneta, Saint Laurent, Alexander McQueen, Balenciaga, Brioni, Christopher Kane, McQ, Stella McCartney, Sergio Rossi, Boucheron, Dodo, Girard-Perregaux, JeanRichard, Pomellato, Qeelin, Puma, Volcom, Cobra, Electric and Tretorn. By 'empowering imagination' in the fullest sense, Kering encourages its brands to reach their potential, in the most sustainable manner.
Present in more than 120 countries, the Group generated revenues of €9.7 billion in 2012 and had 33,000 employees at year end. The Kering (previously PPR) share is listed on Euronext Paris (FR 0000121485, KER.PA, KER.FP).
Kering press contacts
Paul Michon +33 (0)1 45 64 63 48 email@example.com
Hélène Saint-Raymond +33 (0)1 45 64 61 20 firstname.lastname@example.org
Claudia Mora +39 02 88 005 550 email@example.com
Pomellato press contacts
Sonia Benigni +39 348 5269616 firstname.lastname@example.org
Kering analyst/investor contacts
Alexandre de Brettes + 33 (0)1 45 64 61 49 email@example.com
Edouard Crowley + 33 (0)1 45 64 63 28 firstname.lastname@example.org
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.
Source: Kering via Thomson Reuters ONE
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