By  on June 20, 2018

MILAN — Italian jewelry house Damiani is acquiring the former exhibition center Palafiere in Valenza, located in Italy’s northern Piedmont region, with the goal to turn it into a new production pole. Financial terms of the deal include an investment of about 8 million euros for the acquisition of the structure.

Established a decade ago, the 129,167-square-foot venue used to host jewelry trade shows before being abandoned.

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