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Wednesday, April 20, 2016 7:16:31 PM
BEVERLY HILLS, Calif., April 20, 2016 -- On April 18, 2016, Beverly Hills Group Inc.:
BHGI:(OTC.PK) filed an 8-K announcing the acquisition of Operadora de Servicios GRM (Operadora), a part of the Grupo International Richard conglomerate.
Operadora’s business is retail management and wholesale distribution. They have worked with
companies like Grupo Modelo and Heineken. Full details of the acquisition may be found within the
Company's 8-K filing at:http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11322249 ;
On August 12, 2015 BHGI announced an agreement with a private company to acquire various subsidiaries with operations in retail stores, wholesale distribution, construction, real estate development, and banking/financial services.
The completion of the Operadora acquisition now paves the way for BHGI’s second acquisition, which is nearing the completion phase.
This second acquisition is a construction company which has many years of experience with remodeling and building retail stores. This company has worked with Grupo Modelo, an AB-InBev Company (Anheuser Busch), on the re-branding of Modelorama stores to Corona stores as well as
infrastructure projects with the Mexican Government and other private companies.
We are very excited about the future of BHGI, and have several additional acquisitions that are
currently underway.
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