PARIS MATCH acquired by LVMH

LVMH Moët Hennessy Louis Vuitton has completed the acquisition of the iconic weekly magazine Paris Match from the Lagardère group. This transaction represents the culmination of a long-held ambition for LVMH's Chairman and CEO, Bernard Arnault, who has publicly expressed his deep admiration for the magazine, viewing it as a significant piece of French cultural heritage and a premium brand. The deal followed high-level, discrete negotiations between the Arnault family and the Bolloré family, who are the controlling shareholders of Vivendi, Lagardère's parent company. For LVMH, the acquisition is a strategic move to add a prestigious media asset to its portfolio of luxury houses. The group plans to leverage its global expertise and resources to foster Paris Match's growth, particularly in accelerating its digital transformation and international development. For the seller, Lagardère, the divestiture is part of a strategic realignment following its integration into Vivendi, allowing the company to focus on other media properties within its portfolio. The transaction provides Paris Match with a new, well-capitalized owner committed to preserving its journalistic legacy while steering it toward future innovation and expansion in the evolving media landscape. The magazine is set to operate as a distinct 'Maison' within the LVMH group.

The acquisition of Paris Match is part of the growth strategy of Lvmh, which already has several external growth operations under its belt, notably L'EpéE 1839 in 2024.