Equistone-backed GALA Kerzen acquires Ramesh Flowers
GALA Kerzen, a manufacturer of candles, headquartered in Germany, is expanding through the acquisition of a majority stake in Ramesh Flowers, an Indian manufacturer and exporter of potpourri, air fresheners, incense sticks, candles and decorative products. The deal represents the first purchase for the Bavarian candle manufacturer since its acquisition