Dubai-based firm Depa has announced acquiring a Singapore-based interiors specialist Design Studio for $80 million.
Design Studio Furniture Manufacturer is a Singapore-based product and fit-out interiors specialist company, active principally in Southeast Asian markets. It is a Singapore incorporated public company. Over the past three financial years, Design Studio has recorded a compounded annual growth rate (CAGR) of 22.1%, 35% and 70.3% for its revenue, gross profit and net profit after tax respectively.
Their full press release follows
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