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De′ Longhi acquires Capital Brands for $420 million

US first market of the Group, aggregate turnover $500 million

De 'Longhi has reached an agreement with the affiliates of Center Lane Partners to acquire Capital Brands Holdings, Inc., one of the leading companies in the personal blenders segment with the Nutribullet and Magic Bullet brands. Founded in 2003 and headquartered in Los Angeles, California, the company develops and sells home appliances with a focus on nutrition for family well-being in over 100 markets...

hef - 14990

EFA News - European Food Agency