Finance
Kering to buy jewellry producer Raselli Franco
Published by Global Banking & Finance Review®
Posted on December 18, 2025
1 min readLast updated: January 20, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on December 18, 2025
1 min readLast updated: January 20, 2026
Kering will acquire Raselli Franco Group with an initial €115M investment, aiming for full ownership by 2032 to expand its jewelry segment.
PARIS, Dec 18 - French luxury group Kering will buy family-owned jewellry producer Raselli Franco Group, it said on Thursday, announcing an initial 115 million euro ($134.76 million) investment into the business.
The 20% stake will be further expanded to full ownership by 2032, Kering said in a statement.
The acquisition, the first made by the highly-indebted luxury group under new Chief Executive Luca De Meo, highlights the group's efforts to expand into categories less exposed to the business cycles of the fashion industry.
De Meo said the move would secure "critical manufacturing capabilities" and accelerate growth in the jewellery segment, where Kering owns brands including Boucheron and Pomellato.
($1 = 0.8534 euros)
(reporting by Tassilo Hummel, Editing by Dominique Vidalon)
An acquisition is a corporate action in which one company purchases most or all of another company's shares to gain control of that company.
An investment is an asset or item acquired with the goal of generating income or appreciation. It can take various forms, including stocks, bonds, real estate, or businesses.
Luxury goods are products that are not essential but are deemed highly desirable within a culture or society. They often have a higher price point and are associated with wealth and prestige.
Financial strategy refers to the plan that a company follows to manage its financial resources effectively. This includes investment decisions, budgeting, and capital allocation.
A stake in a company refers to the ownership interest that an individual or entity has in that company, typically represented by shares of stock.
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