Brown-Forman agrees to sell luggage business

Mon Apr 23, 2007 9:11pm BST
 
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ATLANTA, April 23 (Reuters) - Consumer products maker Brown-Forman Corp. (BFa.N: Quote, Profile, Research) said on Monday it agreed to sell its Hartmann luggage and leather-goods business to Clarion Capital Partners LLC, a private equity firm.

In a statement, the company said terms of the transaction were not disclosed. Hartmann was acquired by Brown-Forman in 1983.

 
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