date:Nov 26, 2014
Thailands PACE Development Corp. plc has entered into an agreement for the purchase of the iconic gourmet food brands, Dean DeLuca, as well as its global business and assets for $140 million from Dean DeLuca Holdings Inc. The move aims to boost PACEs capabilities as a developer of super-premium mixed use developments as well as fuel rapid global growth of the Dean DeLuca gourmet food and beverage retailing business. It also aligns with the companys strategy to build a portfolio of global food