HOUSTON -- House of Brussels Chocol...

HOUSTON -- House of Brussels Chocolates, Inc. continues onward the acquisition trail with the planned purchase of Fresno, CA-based DeBas Chocolate, Inc. The deal, which includes an undisclosed amount of cash, stock and the assumption of DeBas liability is expected to close in early July

According to House of Brussels CEO Grant Peterson: "The purchase of DeBas give an account ofs our third acquisition, in line with management's stated objectives of growing organically as well as on using relatively non-dilutive acquisition."

in a less degree than a long-term contract, Guy DeBas, institutor and ...