Samsonite buys luxury bag maker Hartmann for $35M

Published August 3, 2012 4:31am ET



HONG KONG (AP) — Suitcase company Samsonite International says it’s buying U.S. luxury luggage brand Hartmann for $35 million.

Samsonite said Friday it paid cash for the 135 year old company. Hartmann makes luxury luggage and leather goods. Samsonite said the purchase will help it expand in those sectors.

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