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Duc Long Gia Lai acquires Mass Noble

Nov 7th at 16:14
07-11-2014 16:14:11+07:00

Duc Long Gia Lai acquires Mass Noble

Duc Long Gia Lai (HOSE: DLG) is on the process of acquiring Hong Kong-based consumer electronics manufacturer Mass Noble, according to DLG’s Board of Directors.

Mass Noble's key markets include US and Europe, contributing almost 80% revenue of the company.

Mass Noble' sales and EBITDA (earnings before interest, taxes, depreciation, and amortization) in 2014 is expected to reach USD 50mil and USD 2.5 mil respectively.

Duc Long Gia Lai

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