At what enterprise value was RIMOWA acquired in 2016?

During the acquisition of RIMOWA by LVMH in 2016, the company was valued at an estimated revenue multiple of below 5x. The transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR. By registering for free, you get access to complete and exact transaction details including enterprise value, revenue, and EBITDA. Additionally, our database shows that the Retail & Consumer industry currently tracks an average EBITDA multiple of 11.0x, providing a valuable benchmark for this transaction.

What was the EV/EBITDA of RIMOWA when it was acquired by LVMH?

The exact EV/EBITDA multiple for RIMOWA is available on mynth capital. For comparison, the Retail & Consumer sector currently shows an average EBITDA multiple of 11.0x. Join our community for free to access full valuation data and industry trends.

When was RIMOWA acquired by LVMH?

RIMOWA was acquired by LVMH in 2016.

What was the revenue of RIMOWA at the time of the deal?

The revenue of RIMOWA at the time of the deal is estimated to be in the range of 250M - 500M EUR. Register for free to access the full transaction report and exact valuation multiples.

What is Enterprise Value (EV)?

Enterprise Value (EV) is a measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What is the EV/EBITDA multiple and why is it used?

The EV/EBITDA multiple is a financial ratio that compares a company's Enterprise Value (EV) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). It is widely used in M&A and valuation because it allows for comparisons between companies with different capital structures and provides a clear view of operational profitability.

How is the data for the RIMOWA acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the RIMOWA deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://www.lvmh.com/fr/publications/rimowa-leader-mondial-du-bagage-dexcellence-rejoint-le-groupe-lvmh

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Home Database Retail & ConsumerRIMOWA

10/2016

RIMOWA acquired by LVMH

GERMANY Luxury Goods / Fashion & Leather Goods EV 500M - 1.5b EUR

Context

LVMH acquired an 80% controlling majority stake in Rimowa from Dieter Morszeck in a highly strategic, friendly transaction. The deal was structured via a definitive share purchase agreement under which the French luxury conglomerate took full control of the corporate equity, while the remaining 20% stake was retained by Dieter Morszeck, who stayed on as an equity partner and co-managing director. Upon finalization of the transaction, Alexandre Arnault was appointed co-managing director to lead the integration alongside the founding family. The transaction immediately integrated Rimowa into LVMH's institutional framework as its first German luxury house, combining the manufacturer's exceptional engineering heritage with LVMH's global marketing engine and downstream retail infrastructure, while positioning the brand to capture long-term international expansion under new generational leadership.

RIMOWA, which reported an EBITDA margin of LOGIN in 2016, 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

Rimowa is a premier German luxury luggage manufacturer globally recognized for its high-quality, lightweight, and durable travel cases. Founded in Cologne in 1898 by Paul Morszeck, the company established itself as an international benchmark for travel innovation throughout the 20th century. The brand pioneered structural milestones in the luggage industry, launching the market's first aluminum suitcase featuring signature parallel grooves in 1937, followed by the first waterproof metal case in 1976, and a structural shift to high-tech polycarbonate shells in 2000. The company's commercial model relies on premium European craftsmanship paired with cutting-edge functional technology, such as its patented ball-bearing wheel systems and Bluetooth-integrated digital luggage tags developed alongside Lufthansa. Rimowa operates a global omni-channel distribution framework, employing 3,000 professionals and serving sophisticated international travelers across 65 countries through a network of 150 standalone flagship boutiques and selective retail partners. Strategically, the firm represents a highly resilient, high-equity brand commanding a dominant market position within the fast-growing luxury travel and lifestyle asset segment.

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Similar deals in Retail & Consumer

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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
10/2012	PAI PARTNERS	MARCOLIN	ITALY	Luxury Goods	PAI Partners entered into an agreement to acquire a majority stake (78,39%) in Marcolin from the founding Marcolin family, the Della Valle brothers, and Antonio Abete through a primary leveraged buyout transaction
07/2012	MAYHOOLA	VALENTINO	ITALY	Luxury Goods	Mayhoola for Investments has acquired full ownership of Valentino Fashion Group (VFG) from Red&Black Lux S.a.r.l., a holding company controlled by Permira Funds (80%) and the Marzotto family (20%). The transaction focuses specifically on the Valentino brand and the M Missoni license
06/2011	EURAZEO	MONCLER	ITALY	Luxury Goods	Eurazeo acquired a 45% stake in Moncler from various shareholders, valuing the company at EUR1.2 billion. The equity investment by Eurazeo amounted to EUR418 million based on a total equity value of EUR930 million

REFERENCES

Valuation range: EV 500M - 1.5b EUR

Revenue range: 250M - 500M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of RIMOWA 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).

Press release: view release

Target: rimowa

Acquirer: lvmh