Announced
Financials
Tags
E-commerce
Friendly
France
Minority
Acquisition
Single Bidder
Pending
e-commerce platform
Private
Synopsis
Interparfums, a French-based company engaged in the design, manufacturing and marketing of fragrances, agreed to acquire a 25% stake in Divabox, an owner of the Origines-parfums e-commerce platform for beauty products. Financial terms were not disclosed. “With online sales for perfumes and cosmetics growing every year, a trend that has been accelerated by the health crisis, IPSA has been on the lookout for an opportunity to integrate an e-retail dimension since 2019. This partnership fits perfectly with this strategy,” Jean Madar, Inter Parfums Chairman & CEO.
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