Ares Management Corporation: Ares Management Announces Sale of Farrow & Ball to Hempel Group
Ares Management Corporation: Ares Management Announces Sale of Farrow & Ball to Hempel Group Ares Management Corporation (NYSE:ARES) today announced that a fund managed by its Private Equity Group has signed a purchase agreement to sell Farrow Ball, a UK based manufacturer and retailer of premium paint and wallpaper, to Hempel Group. Terms of the transaction were not disclosed. Farrow Ball is an iconic paint and wallpaper brand with a 75-year British heritage. Recognized as the authority on colour and interior design inspiration, Farrow Ball has become the premium brand of choice for consumer...
Source: finanznachrichten.de