Acquiring Company
LVMH
Acquired Company
Hermes
ItalyManufacturingE CommerceFashionRetailDescription
LVMH has been accused of covertly trying to acquire shares from Hermes heir Nicolas Puech. Despite LVMH's denials, a 2002 agreement to purchase Puech's shares has come to light. The situation has escalated into a lawsuit seeking significant damages linked to the missing shares. This revelation adds a new layer to the ongoing rivalry between LVMH and Hermes.
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Based on deal dataFrequently asked
Who acquired Hermes?
Hermes was acquired by LVMH. The deal was reported on September 19, 2026. LVMH is privately held.
When did LVMH acquire Hermes?
LVMH's acquisition of Hermes was reported on September 19, 2026. LVMH has been accused of covertly trying to acquire shares from Hermes heir Nicolas Puech. Despite LVMH's denials, a 2002 agreement to purchase Puech's shares has come to light. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Hermes do?
Hermès is a French luxury goods manufacturer established in 1837. It is known for its high-quality craftsmanship and exclusivity in fashion, leather goods, and home decor. It is privately held, operating in Manufacturing, and is based in Italy.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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