Siam Rath: Pace to take over Dean and DeLuca
18 November 2014
Mr. Sorapoj Techakraisri, Chief Executive Officer of PACE Development Corporation PLC. reveals that the company has signed an agreement to acquire all business of Dean & DeLuca, a global gourmet food-and-beverage retailing business for Bht 4,550 million from Dean & DeLuca Holdings Inc. This acquisition reflects the company mission to capitalise on the global convergence of super-premium mixed-use property development and lifestyle brands. The company aims to enhance its potential of leader in high-end mixed-use development and D&D has an opportunity to expand its business in global markets
