If you go to the group’s website, you can read a message from its owner, Bernard Arnault, welcoming him as a new member of the great LVMH family, since the French giant has confirmed its offer to buy (about 14,700 million euros ) in cash, at a rate of 135 dollars per share (122.45 euros per title). This offer represents an increase of 12% compared to
The French group itself explains in a statement that the acquisition of Tiffany will strengthen LVMH’s position in jewelry and further increase its presence in the United States. “The addition of Tiffany will transform LVMH’s Watch & Jewelry division and complement LVMH’s 75 distinguished houses.”
In this regard, Bernard Arnault, Chairman and CEO of LVMH, commented: “We are delighted to have the opportunity to welcome Tiffany, a company with an unparalleled heritage and a unique position in the global world of jewelry, to the LVMH family. We have immense respect and admiration for Tiffany and intend to develop this jewel with the same dedication and commitment that we have applied to each of our Maisons. We will be proud to have Tiffany sitting alongside our iconic brands and look forward to ensuring that Tiffany continue to thrive for centuries to come.”
With this new acquisition, the conglomerate adds a new brand. Below, you can review the big firms that it brings under its umbrella.
The 75 great brands of LVHM
Wines and spirits
1. Ao Yun
2. Ardbeg
3. Belvedere
4. Numanthia Winery
5. Cape Mentelle
6. Chateau Cheval Blanc
7. Chateau d’Yquem
8. Cheval des Andes
9. Clos des Lambrays
10. Cloudy Bay
11. Dom Perignon
12. Glenmorangie
13. Hennessy
14. Krug
15.Mercier
16. Moët & Chandon
17. Newton Vineyard
18. Ruinart
19. Terraces of the Andes
20. Veuve Clicquot
21. Volcano of my Earth
22. Woodinville
Fashion and accessories
23. Berluti
24.Celine
25.Christian Dior
26. Emilio Pucci
27. Fendi
28.FENTY
29. Givenchy
30. Kenzo
31.Loewe
32. Piana Parrot
33.Louis Vuitton
34. Marc Jacobs
35. Moynat
36. Nicholas Kirkwood
37. Patou
38. Pink Shirtmaker
39. RIMOWA
Perfumes and cosmetics
40. Acqua di Parma
41. Benefit Cosmetics
42. Cha Ling
43. Fenty Beauty by Rihanna
44.Fresh
45. Givenchy Parfums
46.Guerlain
47. Kat Von D Beauty
48. Kenzo Perfumes
49. Maison Francis Kurkdjian
50. Make Up Forever
51.Marc Jacobs Beauty
52. Parfums Christian Dior
53. Loewe Perfumes
Watches and jewelry
54. Bulgari
55. Chaumet
56. Fred
57. Hublot
58.TAG Heuer
59.Zenith
retailing
60.DFS
61. The Great Epicerie of Paris
62. Le Bon Marché Left Bank
63.Sephora
64. Starboard Cruise Services
Other activities
65.Belmond
66. Cheval Blanc
67. Connaissance des Arts
68. Cove
69. Invest
70. Jardin d’Acclimatation
71. The Samaritaine
72. Le Parisien
73. Les Echos
74. Radio Classique
75. Royal Van Lent