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Inter Parfums inks deal with Montblanc

Executive Summary

New York-based fragrance firm's Paris-based subsidiary, Inter Parfums SA, has entered into a license agreement to create, produce and distribute perfumes and ancillary products for Hamburg, Germany-based Montblanc International. Montblanc, best known for its high-quality pens, expanded into accessories such as watches and eyewear over the past few years. The license agreement is for 10.5 years and will take effect July 1. The partnership "will further strengthen Inter Parfums prospects for continued expansion in the selective perfume market," chairman and CEO Philippe Benacin said
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