Editor’s Note
This article outlines Kering’s staged acquisition plan for the Raselli Franco Group, beginning with a 20% stake purchase in early 2026. The deal is structured to lead to full ownership by 2032, pending approvals.
The France-based luxury group Kering has announced a staged acquisition of jewelry maker Raselli Franco Group. The deal will begin with the purchase of a 20% stake in the first quarter of 2026.
According to a statement released by Kering, the acquisition will be completed in several stages. The first stage will see Kering acquire a 20% stake in the first quarter of 2026 for 115 million euros. The agreement includes a clear pathway to full ownership by 2032, subject to regulatory approvals and customary closing conditions.
This deal forms part of Kering’s strategy to support the long-term growth of its Houses and strengthen its control over the value chain. Founded in 1969, the family-owned Franco Raselli Group is internationally recognized for its exceptional expertise and innovative skills in jewelry prototyping and production and has been a strategic partner of the French group for many years.
The group highlighted that its Jewellery Houses (Boucheron, Pomellato, Dodo and Qeelin) are experiencing significant growth and consistent revenue, and that the acquisition will further enhance its production capabilities, craftsmanship, and long-term goals within the sector.
