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Breville (ASX:BRG) share price higher on US$60m Baratza acquisition – Motley Fool Australia

The Breville Group Ltd (ASX:BRG) share price is pushing higher on Friday after it announced the US$60 million acquisition of Baratza…



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The Breville Group Ltd(ASX: BRG) share price could end the week on a high on Friday.
In morning trade the appliance manufacturer’s shares are up slightly to $29.95.
Why is the Breville share price pushing higher?
The catalyst for this gain has been the announcement of an acquisition by Breville this morning.
According to the release, Breville has completed the acquisition of Seattle-based coffee grinding company, Baratza.
Breville has acquired 100% of Baratza on a cash and debt free basis f…

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