Company News, Financial News

Inter Parfums To Acquire Stake in Nickel SA

Author Image

By: TOM BRANNA

Editor

Inter Parfums Inc.’s Paris-based unit, Inter Parfums SA, signed a letter of intent in December to buy a 64% interest in Nickel SA for about $6 million in cash. The acquisition is intended to give the company a position in men’s skin care products and services. Inter Parfums executives said the company expects the agreement to close in the first quarter, subject to certain due diligence procedures. The letter of intent cites a provision for a follow-on cash infusion by Inter Parfums SA of $...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters