By  on April 2, 2014

PARIS — Samsonite is upping its youth factor. The Hong Kong-listed luggage maker has acquired Lipault, known for its vibrant palette of colors and smart nylon twill designs, for 20 million euros, or $27.6 million at current exchange,the company reported on Wednesday.

“Lipault is a fantastic addition to our growing portfolio of brands,” said Tim Parker, chairman and chief executive officer of Samsonite, in a press release.

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