LVMH acquires Les Tanneries Roux
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.