Bogart continues to shop in Slovakia

Bogart advances his pawns. After France, Germany, Belgium, Luxembourg, Israel and the United Arab Emirates, the small French group of fragrances and cosmetics will take over the 68 perfumeries of the Fann chain in Slovakia. The competition authority has given its approval to this transaction, which will allow Bogart to hold 65% of the selective perfumery market in the small country of Eastern Europe. Other strengths of the operation: Fann products are available online and the chain is profitable. The French company will use a bank loan to finance this takeover. ” It will have a low impact on debt », Assures Bogart.