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LVMH buys Tanneries Roux

LVMH Press release

LVMH takes control of Tanneries Roux

Tanneries Roux, created in 1803, produce high quality leather and for 20 years, in a partnership spirit, have supplied Brands such as Louis Vuitton, Loewe, Dior, Céline or Moynat. Indeed, the tannery has  developed calf leather with a soft touch and high flexibility adapted to the most exceptional leathergoods. The tannery has a work force of over 120 employees and is located in the Drôme, a labour area known for its leather work.

Mr Jean-Claude Ricomard will remain the Chairman of the company and will be in charge of pursuing the strategy that allowed the Tanneries to develop for many years.The purchase follows the group strategy to valorize its savoir-faire upstream, as already illustrated in creating the Comète tanneries in 2009 or the more recent acquisition of the Heng Long crocodile tannery in 2011.

Jean-Claude Ricomard’s Press Release

“The fact that the number 1 brand of deluxe leather articles, a major French industrial group, showed interest in our company is a wonderful recognition for all those who have sustained this enterprise with a creative and innovative work force since 1803. Our “raison d’être” has not been modified, we will stay at the service of all world actors in the luxury business.”

 

Original press releases in French