At what enterprise value was RIMOWA acquired in 2016?

During the acquisition of RIMOWA by LVMH in 2016, the transaction's Enterprise Value is estimated to be in the range of 500M - 1.5b EUR.

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.

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

What is the average EV/EBITDA multiple for the Retail & Consumer sector in 2026?

The average EV/EBITDA multiple for the Retail & Consumer sector in 2026 is 11.2x.

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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 in 2016, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Retail & Consumer sector (11.2x).

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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 Luxury Goods

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
12/2020	LVMH	TIFFANY & CO	UNITED STATES	Watches & Jewelry
07/2019	ALPHA PRIVATE EQUITY	AMF GROUP	ITALY	Luxury Supply Chain
07/2016	G-III APPAREL GROUP	DONNA KARAN	UNITED STATES	Fashion & Leather Goods
02/2016	Piper	Monica Vinader	UNITED KINGDOM	Watches & Jewelry
04/2015	CLESSIDRA SGR / L-GAM	ROBERTO CAVALLI	ITALY	Fashion & Leather Goods
02/2014	BLACKSTONE	VERSACE	ITALY	Fashion & Leather Goods
07/2013	KERING	POMELLATO	ITALY	Watches & Jewelry
07/2013	LVMH	LORO PIANA	ITALY	Fashion & Leather Goods
10/2012	PAI PARTNERS	MARCOLIN	ITALY	Luxury Supply Chain
07/2012	MAYHOOLA	VALENTINO	ITALY	Fashion & Leather Goods

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: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Target: rimowa

Acquirer: lvmh