Sodalis Group Acquires Majority Stake in Germany’s Artdeco Group
While the financial terms of the deal have not been disclosed, it’s understood that Sodalis Group will obtain more than an 80 percent stake in the firm. The transaction is anticipated to be finalized by early June, pending necessary clearance from antitrust authorities. Founded in 1985 by Helmut Baurecht, Artdeco Group comprises three brands: Artdeco, …
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