M&A Deal Summary

LVMH Acquires Loewe

On February 6, 1996, LVMH acquired apparel/textiles company Loewe

Acquisition Highlights
  • This is LVMH’s 1st transaction in the Apparel/Textiles sector.
  • This is LVMH’s 1st transaction in Spain.

M&A Deal Summary

Date 1996-02-06
Target Loewe
Sector Apparel/Textiles
Buyer(s) LVMH
Deal Type Add-on Acquisition

Target

Loewe

Madrid, Spain
Loewe is a Spanish luxury fashion house and is renowned for its high-end leather goods, ready-to-wear clothing, and accessories, blending traditional craftsmanship with modern design. While based in Madrid, it maintains a significant presence in France, with a flagship store in Paris and a strong influence in the global luxury market. Loewe was formed in 1846 and is based in Madrid.

Search 215,058 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 1 of 19
Sector: Apparel/Textiles M&A 1 of 4
Type: Add-on Acquisition M&A Deals 1 of 18
Country: Spain M&A 1 of 1
Year: 1996 M&A 1 of 1
FOLLOWING 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