【France】6 Companies Owned by LVMH (Moët Hennessy Louis Vuitton SE)

Type of business: Luxury jewelry
Acquisition price: $15.8 billion
Date of purchase: January 7, 2021 (acquisition completed)
Tiffany was founded by Charles Lewis Tiffany in 1837 and has since grown into a leading global design house with a reputation for innovative jewelry design and expert craftsmanship. The company offers necklaces, bracelets, earrings, rings, and watches, as well as a variety of home accessories and fragrances.
LVMH announced plans to acquire Tiffany in late 2019 in an agreement that valued the jeweler at approximately $16.2 billion. The coronavirus pandemic and its negative effects on the luxury jewelry market then prompted Arnault to renegotiate a discount from the originally agreed-upon acquisition price.
His initial demand for an 11% reduction in the deal price was met with a lawsuit from Tiffany that was intended to ensure the enforcement of the initial acquisition agreement. The two companies agreed to a purchase price of $131.50 per share in the end, a 2.6% discount from the originally agreed-upon $135 per share. It brought the total purchase price to approximately $15.8 billion.
Tiffany joined the company’s Watches and Jewelry business group. LVMH said that Tiffany would help to bolster its position in jewelry and expand its presence in the U.S.
The deal was also expected to strengthen Tiffany’s presence in Europe and China.

Type of business: Luxury goods
Acquisition price: €3.7 billion
Date of purchase: March 7, 2011
Bulgari is known for creativity and colorful jewelry designs and has been at the forefront of luxury goods since its founding in 1884 by Sotirio Bulgari.
LVMH announced the deal in March 2011, dramatically expanding the company’s Watches and Jewelry business group. The acquisition included the purchase of a 50.4% stake in Bulgari from the Bulgari family as well as a tender offer for the remainder of the company.
Watches and Jewelry remains one of the smaller LVMH groups in terms of revenue and profit with Fashion and Leather Goods generating a lot more income. The Watches and Jewelry group generated €10.58 billion in revenue in 2024.

Type of business: Fashion
Acquisition price: Estimated $259.4 million to acquire majority stake

Date of purchase: November 26, 2001
Italian luxury fashion house Fendi was founded by Adele and Edoardo Fendi in 1925. The company is known for its fur, leather goods, and other luxury products.
LVMH bought a stake in Fendi before becoming a majority stakeholder in 2001. LVMH’s ownership began when it and Prada each bought a 25.5% stake in Fendi in 1999. LVMH then became the majority stakeholder in November 2001 when it agreed to buy Prada’s stake.
LVMH continued to add to its growing stable of luxury and designer brands in doing so.
Fendi is a part of LVMH’s Fashion and Leather Goods group. It brought in €41.06 billion in revenue in 2024.

Type of business: Fashion
Acquisition price: 1 franc
Date of purchase: 1984
Fashion giant Christian Dior is famous for its designer clothing and it’s part of LVMH’s highly profitable Fashion and Leather Goods group. The brand was founded in 1946 by its namesake founder.

Arnault’s investment in Christian Dior predates the existence of LVMH. Arnault purchased Parisian textile group Boussac, which was in bankruptcy protection, for a symbolic one franc in 1984. Boussac’s assets included Christian Dior.