Calcutta Group Acquires Annabel Group

EVERGEM, BE—Christof Vermeersch, CEO of the Calcutta Group together with Saffelberg Investments has purchased a majority interest in Annabel Group and Interspinning in Ghent. Vermeersch, who bought the shares of Calcutta in July from a British-Emirate company, will manage both Calcutta and Annabel as CEO. Vermeersch expects to realize the synergy between the two companies which he says complement each...