Parfums Caron to Change Hands

PARIS — Parfums Caron, one of France’s oldest perfume houses, is changing hands. Owner Alès Groupe is in exclusive negotiations to sell the company to Luxembourg-based Cattleya Finance, the private investment holding company of Benjamin and Ariane de Rothschild, Alexandre de Laborderie, company secretary of Alès Groupe, confirmed Wednesday.

The deal is expected to be finalized by end of year. Alès Groupe wants to focus on its core areas of expertise: products geared to the dermo-cosmetics and capillary segments, he said.

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