Beverly Hills Group Inc. Completes First Acquisition
BEVERLY HILLS, Calif., April 18, 2016-- Beverly Hills Group, Inc. (OTC: BHGI:PK), is pleased to announce it has completed the first of its planned acquisitions: Operadora de Servicios GRM.
Operadora de Servicios GRM (Operadora), a part of the conglomerate Grupo Richard, has its business focus in retail operations and wholesale distribution for organizations including Grupo Modelo and Heineken.
Operadora was incorporated in 2013 and by 2015 was operating 32 Modelorama, Bud Light and Tecate branded convenience stores, and managing over 200 employees.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.