M&A Deal Summary

LVMH Acquires Belmond

On December 14, 2018, LVMH acquired leisure company Belmond for 3.2B USD

Acquisition Highlights
  • This is LVMH’s 1st transaction in the Leisure sector.
  • This is LVMH’s 3rd largest (disclosed) transaction.
  • This is LVMH’s 3rd transaction in the United Kingdom.

M&A Deal Summary

Date 2018-12-14
Target Belmond
Sector Leisure
Buyer(s) LVMH
Deal Type Add-on Acquisition
Deal Value 3.2B USD

Target

Belmond

London, United Kingdom
Belmond is a global luxury hospitality and travel company operating properties that include deluxe hotels, tourist trains, river cruises, and safaris. The Company specializes in curating exclusive travel experiences, blending historic charm with modern luxury, and emphasizes sustainability and cultural engagement through partnerships with renowned chefs, designers, and artists. Belmond was formed in 1976 and is based in London, England.

Search 215,130 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

LVMH

Paris, France

Category Company
Founded 1923
Sector Consumer Products
Employees200,518
Revenue 84.7B EUR (2024)
DESCRIPTION

LVMH is a global luxury goods conglomerate. The Company operates across five major sectors: fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing. Founded in 1987 through the merger of Louis Vuitton and Moët Hennessy, LVMH owns more than 75 prestigious brands, including Dior, Fendi, Bulgari, TAG Heuer, and Sephora. LVMH was founded in 1923 and is based in Paris, France.


DEAL STATS #
Overall 14 of 19
Sector: Leisure M&A 1 of 1
Type: Add-on Acquisition M&A Deals 13 of 18
Country: United Kingdom M&A 3 of 3
Year: 2018 M&A 1 of 1
Size (of disclosed) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-20 Maison Francis Kurkdjian SAS

Paris, France

Maison Francis Kurkdjian SAS is a manufacturer of wearing perfume.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-25 Tiffany

New York, New York, United States

Tiffany & Co. is a provider of jewelry and luxury gift items. Tiffany's noted for quality, craftsmanship and service. Tiffany was founded in 1837 and is based in New York, New York.

Buy $16.2B