Kimbe to rise in PNG Super Sevens
Kimbe to rise in PNG Super Sevens
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CRU 7s set to finalise PNG Sevens team
Casa International gets new owners. The Blokker family is selling the chain to the current management and to Globitas, an investment company specialised in the relaunch of companies in difficulty. Financial details will not be disclosed. Loss-making for some time At the beginning of last year, the Blokker family saved Casa from collapse by converting 69.5 million euros in debts into capital. But since then there has been no improvement. In January, Casa sold its brand-new distribution centre in Olen in a sale-and-lease-back operation to CBRE Global Investors. That transaction brought in a...