Art & Fragrance acquires Cosmétique Parfums Services

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Swiss group Art & Perfume SA, active in the creation, development, marketing and global distribution of luxury products, has acquired all the shares of the packaging and logistics company Cosmetics Perfumes Services (CPS), based in Ury, France. Terms of the transaction were not disclosed.

CPS was founded in 2005 and is active in the preparation, filling and packaging of perfumes and cosmetics. The company also provides associated logistics services such as component and finished product storage, as well as handling and shipping. CPS customers include Art & Perfumeowned by Lalique Parfums and Jaguar Fragrances. The collaboration with Lalique dates back to 2007. CPS has also previously collaborated with Nina Ricci, among others.

Art & Perfume, which owns a portfolio of brands including Lalique Parfums, Parfums Grès, Jaguar, Bentley and Alain Delon, will now gradually transfer the packaging of its entire fragrance portfolio to CPS.

By outsourcing the production and logistics of our fragrance brands, we control and secure a key element of our value chain. This is an important strategic advantage in view of our now significant volume of perfumes. We also expect savings on our production and logistics costs in the medium term,», Says Roger von der Weid, CEO of Art & Perfume.


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