Editor’s Note
This acquisition underscores Kering’s strategic push to vertically integrate and bolster its jewellery division’s manufacturing capabilities, a key battleground in the luxury sector.
French luxury group Kering has announced a phased acquisition of the Raselli Franco Group, a Swiss manufacturer specializing in high-end jewellery components. This strategic move aims to strengthen Kering’s jewellery division, which includes brands like Boucheron, Pomellato, and Qeelin.
The acquisition is part of Kering’s broader strategy to vertically integrate its supply chain and secure access to specialized craftsmanship and high-quality materials. The Raselli Franco Group is renowned for its expertise in producing precious metal components, chains, and clasps for luxury jewellery houses.
The transaction is expected to be completed in phases over the coming months, subject to customary regulatory approvals. Financial details of the deal were not disclosed.