Argos Wityu-backed Maison Berger Paris to acquire Groupe Devineau.

Argos Wityu-backed Maison Berger Paris, company in the fragrance lamp market, agreed to acquire Groupe Devineau, a candle-making specialist. Financial terms were not disclosed. “This business combination aligns with Maison Berger Paris group’s development strategy. We are currently the world leader in the niche market of fragrance lamps (commonly known as Lampe Berger lamps) and we want to expand our product portfolio to become a major player in the world market of home fragrances, by focusing our growth on the biggest segment, i.e. candles.” Olivier Sillion, Maison Berger Paris CEO.