Capital Brands: DeLonghi To Acquire Capital Brands

DeLonghi has reached a definitive agreement with affiliates of Centre Lane Partners to acquire Capital Brands Holdings, Inc., a leader in the personal blenders segment with the Nutribullet and Magic Bullet brands. The price payable by DeLonghi for Capital Brands is approximately $420 million. The closing of the transaction is expected to take place before [...]The post DeLonghi To Acquire Capital Brands appeared first on Gourmet Insider Magazine.