LVMH: acquires Pedemonte Group

(CercleFinance.com) - LVMH has announced the acquisition, from the Equinox III SLP SIF investment fund, of the Pedemonte Group, a jewelry producer based in Italy and France.


Pedemonte is now a recognised player in jewelery manufacture. With its locations in the cities of Valenza and Valmadonna (Alessandria), in northern Italy, as well as in Paris, the Pedemonte Group combines cutting-edge technology and craftsmanship, LVMH said.

The company currently employs 350 craftsmen and employees.

With this strategic acquisition for our Maisons, the LVMH Group is strengthening itself a little more in Italy while continuing to support the ecosystem of companies that contribute to the success of our Maisons. With Pedemonte, our Maisons will rely on a recognized partner for its expertise in order to support their growth and maintain their lead in jewellery, LVMH added.


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