LVMH kauft Tiffany’s

Reuters berichtet, LVMH und Tiffany & Co einigten sich über die Akquisition.
LVMH zahlt US$135 pro Aktie in bar, was einem Kaufpreis von US$16,2 Milliarden entspricht.

Die Transaktion soll Mitte 2020 abgeschlossen sein.

Bereits 1997 erwarb LVMH die DFS Group (Duty Free Shops) und Sephora (Parfümerie).

Bei Diamanten kooperiert LVMH bereits mit De Beers.

LVMH buys Tiffany’s

Reuters reports, LVMH has reached a definitive agreement to buy US jewellery company Tiffany & Co.
LVMH offered $135 per share all-cash, bringing the purchase price to $16.2 billion.

The transaction will close in the middle of 2020.

In 1997 LVMH bought DFS Group (Duty Free Shops) and Sephora (fragrances and beauty).

In diamonds LVMH also cooperates with De Beers.

LVMH übernimmt Bulgari

Der Französische Luxuskonzern erwirbt damit nicht nur eine extrem starke Schmuckmarke. Er stärkt auch das in-house Know How für Schmuck und Uhren.

Bulgari was 2009 und 2010 finanziell ins Trubeln geraten.

LVMH buys Bulgari

The French conglomerate of Luxury brands and products “merges” with Bulgari, or rather buys it.

For LVMH this has many positive aspects.
It gets a brand of Italian origin. Besides Donna Karan from the US, LVMH mostly owns originally French brands.
Also, LMVH gains a lot of know how in jewelry and watches, two areas the company is less strong then for example the Richemont group.
Bulgari’s strength is jewelry and there are not too many strong, global jewelry brands out there.
LVMH bought Bulgari after this had suffered two years of losses and financial difficulties.