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Interparfums SA To Buy Paris HQ Office

Majority owned subsidiary of Inter Parfums Inc. will move at end of the year.

Inter Parfums, Inc. says its majority owned Paris-based subsidiary, Interparfums SA, has signed a purchase contract, subject to certain conditions, to acquire an office building complex for its exclusive use as its future headquarters, located in the heart of Paris.    This transaction is expected to be completed in the spring of this year with the move planned for the end of 2021 or the beginning of 2022.    In order to maintain Interparfums’ current cash position, approximately 90% of the ...

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