Brief: Bogart Completes Deal To Take Over 41 Nocibé Businesses, France

Bogart SA

01/10/2021 06:36

Oct 1 (Reuters) - JACQUES BOGART SA  JBOG.PA :
    * BOGART DEVELOPS ITS APRIL BRAND, CONSOLIDATES ITS
ORGANISATION
AND ESTABLISHES THE FOURTH-LARGEST SELECTIVE DISTRIBUTION
FRAGRANCE NETWORK IN EUROPE
    * COMPLETED A DEAL TO TAKE OVER 41 BUSINESSES (38 STORES) OF
THE
FRAGRANCE BOUTIQUE CHAIN, NOCIBÉ, IN FRANCE VIA ITS DISTRIBUTION
SUBSIDIARY, APRIL SAS
    * DEAL SEES FAMILY-OWNED COMPANY DOUBLE SIZE OF ITS FRENCH
NETWORK
WHICH NOW HAS 71 SALES OUTLETS
    * CONTINUES ITS EXPANSION ACROSS EUROPE AND CEMENTS ITS
POSITION
AS A PERFUMER-RETAILER
    * HC PARFÜMERIE'S 95 FRAGRANCE BOUTIQUES IN GERMANY WILL
COMPLETE
THE REBRAND AS OF 1 MARCH 2022
    * BOGART GROUP IS BECOMING BOGART, WITH A NEW LOGO AND NEW
NAMES
FOR ITS TWO DIVISIONS

Source text for Eikon:  ID:nACT71279 
Further company coverage:  JBOG.PA 

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