LVMH buys perfume company Officine Universelle Buly 1803 - NewsBreak

PARIS (Reuters) - Luxury group LVMH has purchased French perfume and cosmetics company Officine Universelle Buly 1803 with an eye to expanding it abroad, adding to its sprawling empire of high end labels. The purchase comes four years after the group's initial investment in the perfumer, through its minority investment fund LVMH Luxury Ventures, the group said in a statement.