LVMH acquires Les Tanneries Roux
LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, acquired quality leather maker Les Tanneries Roux. Founded in 1803 and based in Romans-sur-Isère.
This acquisition reflects LVMH’s strategy to develop its expertise as already demonstrated by the creation of “Les tanneries de la Comète” in 2009 and by its recent investment in the crocodile leather tannery Heng Long in October, 2011.
Les Tanneries Roux has partnered with houses such as Louis Vuitton, Christian Dior, Loewe, Céline and Moynat over the last twenty years. It was Les Tanneries Roux that developed the smooth and supple calf skins suitable for high-end leather goods products.
Jean-Claude Ricomard will remain Chairman of the company and will ensure that the company’s successful growth strategy over many years will continue.
