News
Acquisition · Kering · Luxury Jewelry · Vertical Integration
Kering, a global luxury group, has announced a strategic agreement to acquire Raselli Franco Group, a leading independent European manufacturer of high and fine jewelry.
This acquisition, starting with an initial 20% stake for €115 million by Q1 2026 and progressing to full ownership by 2032, is a significant move to strengthen Kering's value chain and support the long-term growth of its jewelry houses like Boucheron, Pomellato, Dodo, and Qeelin. Raselli Franco Group, founded in 1969, is renowned for its expertise across the entire jewelry production value chain, from raw material sourcing to advanced manufacturing techniques like CNC machining.
Kering's CEO, Luca de Meo, highlighted the acquisition as a milestone that secures critical manufacturing capabilities, reinforces craftsmanship, and accelerates growth within the high-potential jewelry segment, aligning with Kering's commitment to excellence and sustainability.
