Announced
Synopsis
Maurer & Wirtz, a manufacturer of fragrances, perfumes, and personal care products, agreed to acquire Classic Parfums, a luxury niche perfumes, and The Nose Behind, a German perfume house. Financial terms were not disclosed. "This acquisition represents a significant milestone in the strategic development of our company. Niche fragrance is a growing segment, and we are systematically expanding our presence and expertise in the field of exclusive fragrances. I am personally very much looking forward to working with Herbert Stricker, who stands apart for his renowned expertise in the world of niche fragrances,” Stephan Kemen, Maurer & Wirtz CEO.
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