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Jewelry

LVMH buys key Italian jewelry manufacturing partner Pedemonte Group

November 29, 2022

The acquisition of Italian jewelry manufacturing workshop group Pedemonte is in line with LVMH Group's policy of locking in key steps in the supply chains. Image credit: LVMH The acquisition of Italian jewelry manufacturing workshop group Pedemonte is in line with LVMH Group's policy of locking in key steps in the supply chain. Image credit: LVMH

 

By Luxury Daily News Service

French luxury conglomerate LVMH has bought the Pedemonte Group from the Equinox III SLP SIF investment fund, further bolstering its jewelry production capacity and extending its presence in Italy by buying a key manufacturing partner.

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