Add-on Acquisition • Apparel/Textiles

Hermes Acquires ANNERIE D ANNONAY SA

On January 10, 2013, Hermes acquired apparel/textiles company ANNERIE D ANNONAY SA

Acquisition Context
  • This is Hermes’ 1st transaction in the Apparel/Textiles sector.
  • This is Hermes’ 1st transaction in France.

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M&A Deal Summary

Date January 10, 2013
Target ANNERIE D ANNONAY SA
Sector Apparel/Textiles
Buyer(s) Hermes
Deal Type Add-on Acquisition

Target Company

ANNERIE D ANNONAY SA

Annonay, France
ANNERIE D'ANNONAY SA manufactures leather products.
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Buyer Overview 1

Buyer

Hermes

Paris, France

Category Company
Founded 1837
Sector Consumer Products
Employees25,697
Revenue 15.2B EUR (2024)
DESCRIPTION
Entrance to a Hermès retail store in Chicago, Illinois.
Entrance to a Hermès retail store in Chicago, Illinois.

Hermes is a manufacturer of luxury goods that specializes in leather goods, lifestyle accessories, home furnishings, perfumery, jewellery, watches, and ready-to-wear. Hermes was founded in 1837 and is based in Paris, France.


Deal Context for Buyer #
Overall 1 of 1
Sector: Apparel/Textiles 1 of 1
Type: Add-on Acquisition 1 of 1
Country: France 1 of 1
Year: 2013 1 of 1