M&A Deal Summary

Gismondi Acquires Vendorafa Lombardi

On April 4, 2023, Gismondi acquired consumer products company Vendorafa Lombardi from LVMH for 610K EUR

Acquisition Highlights
  • This is Gismondi’s 1st transaction in the Consumer Products sector.
  • This is Gismondi’s largest (disclosed) transaction.
  • This is Gismondi’s 1st transaction in Italy.

M&A Deal Summary
Date 2023-04-04
Target Vendorafa Lombardi
Sector Consumer Products
Buyer(s) Gismondi
Sellers(s) LVMH
Deal Type Divestiture
Deal Value 610K EUR

Target

Vendorafa Lombardi

Valenza, Italy
Vendorafa Lombardi is a jewelry designer and manufacturer. It uses manual processes such as hammering, engraving, and embossing. Vendorafa Lombardi is based in Valenza, Italy.

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Buyer(S) 1

Buyer

Gismondi

Genoa, Italy
Category Company
Founded 1754
Sector Retail
Employees27
Revenue 14M EUR (2023)
DESCRIPTION

Gismondi is offering both silverware and fine jewellery. Gismondi was founded in 1754 and is based in Genoa, Italy.

DEAL STATS #
Overall 1 of 1
Sector (Consumer Products) 1 of 1
Type (Divestiture) 1 of 1
Country (Italy) 1 of 1
Year (2023) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

LVMH

Paris, France
Category Company
Founded 1923
Sector Consumer Products
Employees192,287
Revenue 86.2B EUR (2023)
DESCRIPTION

LVMH is a manufacturer of luxury brands. The group manages products ranging from liquor to leather goods, apparel and cosmetics. LVMH was founded in 1923 and is based in Paris, France.

DEAL STATS #
Overall 3 of 4
Sector (Consumer Products) 2 of 2
Type (Divestiture) 3 of 4
Country (Italy) 1 of 2
Year (2023) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-25 Pedemonte Group

Alessandria, California, Italy

Pedemonte Group is a jewelry manufacturer that combines cutting-edge technology with artisanal craftsmanship. Pedemonte Group is based in Alessandria, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-14 Orest

Erstein, France

Orest creates and manufactures Jewellery. Orest was founded in 1963 and is based in Erstein, France.

Buy -
Mergr

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