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PPR SA (Kering)'s Gucci Acquires Porcelain Maker Richard Ginori-Reuters


Sunday, 21 Apr 2013 08:00pm EDT 

Reuters reported that Gucci, owned by PPR SA (Kering), is buying distressed Tuscan porcelain maker Richard Ginori 1735 as part of expansion plans into luxury tableware. Gucci, whose offer of EUR 13 million at the end of March was the only bid for the company, said the acquisition will be closed on May 22, 2013. 

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155.65
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19 Dec 2014