LVMH has acquired the Platinum Invest Group, the European leader in jewellery production for large luxury houses, from French investment companies Andera Partners and Bpifrance, to strengthen the production capacities of its brand Tiffany & Co. in France and to support its strong growth in jewellery and high jewellery.
With over 800 employees, Platinum Invest significantly increased its production capacity and know-how, making it the benchmark in Europe. The acquisition also ensures the transmission and learning of jewellery expertise and know-how, contributing to the sustainability of these skills in France.
Denis De Becker, President of Platinum Invest, said: “The support of our partners Andera Partners and Bpifrance has been a real accelerator of our development over the past 4 years. It is now a new stage in the life of Platinum Invest that is opening up. We are very proud to join the LVMH group, to strengthen our ties with a House as iconic as Tiffany and Co. and to be able to contribute to its growth and development.”
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