Acquiring Company
LVMH
Acquired Company
Accor
FranceIssy Les MoulineauxHospitalityLeisureHotelTravelDescription
LVMH has made a strategic investment in Accor's Orient Express brand, including the future hotels, trains, and sailing ships. This partnership aims to accelerate the development of the Orient Express brand, with both groups contributing their expertise to reach new heights in the art of entertaining.
Quick answer
LVMH is acquiring Accor, announced June 14, 2024. LVMH is based in France.
- How much did LVMH pay for Accor?
- The deal value was not disclosed.
- What does LVMH do?
- Leader mondial du luxe, LVMH est un groupe à caractère familial fondé en 1987 qui a pour ambition d’assurer le développement à long terme de chacune de ses Maisons, dans le respect de ce qui fait leur singularité et..
- Where are LVMH and Accor based?
- LVMH is based in France. Accor is based in Issy Les Moulineaux, Ile De France, France.
- Who are the decision-makers at LVMH?
- Fundz holds 5 contacts at LVMH. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Hospitality and Leisure
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- NUMA Group acquires UK’s Native Places to accelerate European expansion (July 9, 2024)
- Caesars Entertainment, Inc. Completes Acquisition of Michigan iGaming Operations from Wynn Resorts (June 18, 2024)
- Stonebridge Companies Expands Third-party Management Platform Through Acquisition Of Real Hospitality Group (May 22, 2024)
- Lindblad Expeditions Holdings, Inc. acquires Wineland-Thomson Adventures, Inc. to broaden its experiential travel offerings (April 30, 2024)
- Viad Corp to expand Pursuit’s collection of attractions with acquisition of Jasper SkyTram (June 26, 2024)
- Vail Resorts completes acquisition of Crans-Montana Mountain Resort in Switzerland (May 27, 2024)
Who to call at LVMH, and when
When LVMH changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day LVMH raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at LVMH, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Accor?
Accor was acquired by LVMH, based in France. The deal was reported on June 14, 2024. LVMH is privately held.
When did LVMH acquire Accor?
LVMH's acquisition of Accor was reported on June 14, 2024. LVMH has made a strategic investment in Accor's Orient Express brand, including the future hotels, trains, and sailing ships. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Accor do?
ALL Accor is a global hospitality group offering a wide array of accommodations, from luxury hotels to budget options. The company focuses on providing exceptional service and memorable experiences for travelers worldwide. It is privately held, operating in Hospitality, and is based in Issy Les Moulineaux.
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