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Author: Eddy Masel

Chinese Fund Buys French Crystal Maker Baccarat

Chinese Fund Buys French Crystal Maker Baccarat

The storied French crystal maker Baccarat, based by Louis XV greater than 250 years in the past, mentioned Thursday that a Chinese fund had finalised a deal to buy the corporate, greater than a yr after the plan was first introduced. 189 million) to purchase an 89 % stake held by the US companies Starwood Capital and L Catterton. The deal features a plan to right away make investments 20 to 30 million euros in a drive to develop gross…

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