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Buys fragrance and fashion brand for $108 million.
March 19, 2015
By: TOM BRANNA
Editor
Interparfums S.A. will acquire Rochas from Procter & Gamble in a $108 million all cash deal that is expected to close by the end of June. The deal will cover all brand names and registered trademarks for Rochas (Femme, Madame, Eau de Rochas, etc.). The brand had sales of $46 million in the most recently concluded fiscal year. “For the first time, this acquisition will integrate both fragrances and fashion,” said Jean Madar, chairman and CEO of Inter Parfums, Inc. It will o...
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