M&A Deal Summary

LVMH Acquires Ebel AG

On January 1, 1999, LVMH acquired consumer products company Ebel AG from Investcorp

Acquisition Highlights
  • This is LVMH’s 1st transaction in the Consumer Products sector.
  • This is LVMH’s 1st transaction in Switzerland.
Investment Fate
  • Ebel AG was divested to a consortium of strategic buyers in 2003 for 47M USD.

M&A Deal Summary

Date 1999-01-01
Target Ebel AG
Sector Consumer Products
Buyer(s) LVMH
Sellers(s) Investcorp
Deal Type Add-on Acquisition

Target

Ebel AG

La Chaux-de-Fonds, Switzerland
Ebel AG is a world-class brand globally recognized for its iconic product designs, technological innovation and superior quality. The brand is currently sold at price points in the $1,500 to $10,000 range in approximately 1,800 doors worldwide. The Ebel business will remain based in La Chaux de Fonds, Switzerland.

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 3 of 19
Sector: Consumer Products M&A 1 of 8
Type: Add-on Acquisition M&A Deals 3 of 18
Country: Switzerland M&A 1 of 1
Year: 1999 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-07-24 Sephora

Neuilly-sur-Seine, France

Sephora is a global beauty retailer known for offering an extensive range of cosmetics, skincare, haircare, and fragrance products from both established and emerging brands. Sephora provides a curated selection of high-quality beauty products, including makeup, skincare, tools, and exclusive lines like the Sephora Collection. Sephora was formed in 1970 and is based in Neuilly-sur-Seine, France.

Buy $262M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-25 Miami Cruiselines

Florida, United States

Operator of duty free stores and provider of media programs to the cruise line industry.

Buy $350M

Seller(S) 1

SELLER

Investcorp

New York, New York, United States

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1982
PE ASSETS 53.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Investcorp is a global investment group focused on a variety of investment disciplines. Practice areas include private equity in North America and Western Europe, hedge funds, US real estate, technology investments, and Middle Eastern private equity. Within North America/Europe private equity, Investcorp targets market leaders with proven track records. It looks to invest $15 to $50 million in companies with revenues of $10 to $250 million. Investcorp's technology group sponsors growth-oriented control investments in the tech sector. Investcorp's Middle East practice focuses on buyout/build opportunities in North Africa and the Gulf Region. Target sectors include services, infrastructure, manufacturing, and energy. Investcorp was formed in 1982 and is based in Manama, Bahrain.


DEAL STATS #
Overall 9 of 111
Sector: Consumer Products M&A 3 of 7
Type: Add-on Acquisition M&A Deals 1 of 49
Country: Switzerland M&A 1 of 2
Year: 1999 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-01-01 SI

Chickamauga, Georgia, United States

SI Corporation a leading manufacturer and marketer of polypropylene-based fabrics and fibers.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1999-06-01 Avecia Biotechnology

Milford, Massachusetts, United States

Avecia is an international specialty chemicals manufacturer. At the time of the Cinven acquisition, it comprised multiple divisions. Five of those divisions, Stahl, Performance Intermediates, Neoresins, Fine Chemicals and Pharmaceuticals and Electronic materials have been sold to date. The remaining business is the Biotechnology division, encompassing the Biologics and DNA manufacturing activities.

Buy -