LORO PIANA acquired by LVMH
Context
LVMH has acquired an additional 9% stake in Loro Piana from the founding Loro Piana family for a consideration of EUR1 billion. This transaction increases LVMH's total shareholding from 85% (historically 80%) to 94%. The Loro Piana family retains a residual 6% minority stake. The move comes shortly after the appointment of Frederic Arnault as CEO and amidst a strategy to deliberately "brake" volume growth to preserve exclusivity and quality. This follows the original 2013 acquisition where LVMH bought 80% for EUR2 billion.
As a reminder, the company was previously acquired by Lvmh in 2013 as part of its expansion strategy.
LORO PIANA, 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 (11.3x).
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.
-> Deep-dive in Retail & Consumer market trends
Target
Founded in 1924, Loro Piana is the world's leading processor of cashmere and vicuña. It is the pinnacle of the "Quiet Luxury" trend, known for its ultra-high-quality fabrics and understated ready-to-wear collections. The company controls a fully vertical supply chain, from sourcing raw materials in Mongolia and the Andes to manufacturing in Italy.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Other operations with LORO PIANA
| Date | Acquirer | Target | Country | Sector | Deal Context |
|---|---|---|---|---|---|
| 07/2013 | LVMH | LORO PIANA | ITALY | Luxury Goods | LVMH has acquired a majority stake in the Italian luxury house Loro Piana from the founding family. The transaction involves LVMH purchasing 80% of the share capital, while the brothers Sergio and Pier Luigi Loro Piana retain a 20% minority interest and continue to support the company. The deal secures LVMH's position in the ultra-luxury segment by integrating a brand with unique expertise in rare raw materials. Strategically, Loro Piana will leverage LVMH's global distribution network and experience to accelerate its expansion into emerging markets, while LVMH gains access to Loro Piana's unrivaled textile sourcing capabilities. |
REFERENCES
Valuation range: EV 3b - 100b EUR
Revenue range: 2.5b - 5b EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of LORO PIANA by LVMH are reserved for mynth community members. Register for free to unlock full data.
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).
Target: loro piana
Acquirer: lvmh