Printer Friendly

ALBERTO-CULVER PURCHASES NEW ZEALAND-BASED DISTRIBUTION COMPANY

 MELROSE PARK, Ill., Sept. 30 /PRNewswire/ -- The Alberto-Culver Company (NYSE: ACV) today announced the purchase of BDM Grange Limited, a well-established Auckland, New Zealand-based distributor of consumer products and fine fragrances.
 BDM Grange will continue to be operated by its current management.
 Alberto-Culver Chairman & CEO Leonard H. Lavin said the company intends to use the new acquisition "as a vehicle to expand Alberto VO5 hair care products in New Zealand and to exploit the market potential there of other Alberto-Culver products."
 Terms of the purchase were not disclosed.
 -0- 9/30/93
 /CONTACT: Daniel Stone of Albert-Culver, 708-450-3005/
 (ACV)


CO: Alberto-Culver Company; BDM Grange Limited ST: Illinois IN: HOU SU: TNM

LG -- NY050 -- 7255 09/30/93 11:57 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Sep 30, 1993
Words:120
Previous Article:FORTIFIBER AGREES TO SELL ITS CLACKAMAS, ORE., FACILITY TO FABRENE
Next Article:GENERAL NUTRITION COMPANIES, INC. ANNOUNCES AMENDMENT TO CERTIFICATE OF INCORPORATION
Topics:

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters