Deal Snapshot
Interparfums to Acquire 25% Stake in Divabox Capital to Enhance Introduction of Fragrance Lines
Monday 06 July 2020

Interparfums SA (ISPA), a subsidiary of Inter Parfums, Inc. (NASDAQ GS: IPAR) has agreed to acquire a 25% stake of beauty products company Divabox's capital to enhance fragrance lines, the company said.

Divabox, owner of the France-based Origines-parfums e-commerce platform for beauty products, was acquired through a reserved capital increase. For IPSA, this agreement will address a specific consumer demand for this distribution channel and accelerate IPSA's digital development.

Date Published: 06/07/2020