L'EPÉE 1839 acquired by LVMH
Context
The acquisition of L'Epée 1839 by LVMH is a strategic move to strengthen the group's watch division and expand its presence in the haute horlogerie sector. This transaction is a testament to LVMH's commitment to preserving and promoting traditional craftsmanship and cultural heritage, while also innovating and pushing the boundaries of luxury and creativity. The acquisition will enable LVMH to leverage L'Epée 1839's exceptional expertise and unique savoir-faire, which will complement the group's existing watchmaking capabilities. The deal is expected to have a positive impact on the market, as it will bring together two renowned luxury players with a shared passion for excellence and innovation. The synergy potential is significant, as LVMH's global reach and resources will enable L'Epée 1839 to expand its customer base and distribution channels, while L'Epée 1839's expertise will enhance LVMH's watch division. The acquisition is a long-term strategic investment, aimed at preserving and promoting the art of watchmaking and ensuring the continued growth and success of both LVMH and L'Epée 1839.
The acquisition of L'EpéE 1839 is part of the growth strategy of Lvmh, which already has several external growth operations under its belt, notably ChâTeau Minuty in 2023.
L'EPÉE 1839, which reported an EBITDA margin of LOGIN in 2024, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (11.0x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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Target
L'Epée 1839 is a prestigious Swiss manufacture dedicated to the production of high-end clocks, true works of art containing exceptional mechanisms and grand complications. With a history spanning over 185 years, the company has perpetuated an exceptional watchmaking expertise, serving creations imagined, developed, and produced in-house. Initially specialized in the fabrication of horological components, L'Epée 1839 later evolved its activity towards the development of a pointed horological offer, producing travel pendulums and exceptional clocks. The company's creations have become true references and are highly appreciated by heads of state, ministers, and royal families, who consider these art objects as privileged and patrimonial gifts during official visits. L'Epée 1839 has recently realized prestigious and creative partnerships with numerous luxury or watchmaking houses to imagine exceptional pieces. The company gathers a wide range of professions, artisans, and expertise, with over 80 designers, engineers, watchmakers, mechanics, and collaborators working alongside Arnaud Nicolas, CEO and Creative Director.
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Historical Financials (EUR)
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REFERENCES
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Target: l'epée 1839
Acquirer: lvmh