Bogart Owner Completes Personal Acquisition of Marionnaud

· Beauty & Fashion · France

David Konckier, the main shareholder of the Bogart Group, has finalized his acquisition of the Marionnaud Group through his company BEHN. The transaction was undertaken in his personal capacity and was initially announced in a press release on July 6. The selective perfumery retailer thus comes under the control of the businessman, separating its ownership from Bogart's corporate structure. The deal reshapes control of one of Europe's fragrance-retail chains.

Why it matters:The change of control at a major European perfume retailer could shift brand distribution and shelf space in selective fragrance.

Key points

  • The deal was done through Konckier's company BEHN.
  • It was initially announced on July 6.
  • Konckier is Bogart Group's main shareholder.

Sources (original reporting)

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