Serruya Private Equity and Delavaco Group acquired controlling stake in Kahala Corp. (OTCPK:KAHL) on August 19, 2013. Michael Serruya will be the new Chairman and Co-Chief Executive Officer of Kahala. Serruya family includes Aaron, Simon and Michael Serruya.

Serruya Private Equity and Delavaco Group completed the acquisition of controlling stake in Kahala Corp. (OTCPK:KAHL) on August 19, 2013.