The Investor
31 Mar 2026, 16:59
Kering announced it has completed the first step in acquiring a stake in Raselli Franco Group, purchasing 20% for €115 million.
The agreement includes a structured path toward full ownership by 2032, signaling a long-term strategic investment.
The transaction aligns with Kering’s plan to expand its jewelry division and strengthen control over its value chain, supporting growth across its luxury brands.
This move reflects a broader industry trend of vertical integration, where luxury groups secure key manufacturing capabilities to enhance quality, supply stability, and margins.
The agreement includes a structured path toward full ownership by 2032, signaling a long-term strategic investment.
The transaction aligns with Kering’s plan to expand its jewelry division and strengthen control over its value chain, supporting growth across its luxury brands.
This move reflects a broader industry trend of vertical integration, where luxury groups secure key manufacturing capabilities to enhance quality, supply stability, and margins.