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Article: Dubai-based perfumer eyes French competitor.(Company overview)
- Article from:
- Gulf News (United Arab Emirates)
- Article date:
- August 23, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Saifur Rahman, Business Editor
Dubai: Ajmal Perfumes, a Dubai-based perfume manufacturer and retailer with $200 million annual turnover, is considering acquiring a French perfume manufacturer, a senior official said.
"We are still evaluating the company, the financials, etc," Abdullah A. Ajmal, deputy general manager of Ajmal Perfumes, told Gulf News.
"We could make a decision later this year, once due diligence is complete."
He, however, declined to name the company. "It is a famous international company of French origin. I can't tell you more than this."
The story of Ajmal began in Assam, India, when founder Haji ...
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