HISTORY OF FRANCO BERTO SRL, ITALY.

Pavailler S.A. acquired the share capital of Franco Berto Srl, Schio, Italy, a small business manufacturing a range of equipment for the retail and patisserie industries complementing that of Pavailler, in October 1986. The management of the business continued under Gianfranco Berto, the chief executive.

(See also History of Pavailler Equipment SA).

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