Acquiring Company
Nirvana Investments LLC-FZ
Acquired Company
Patou
Dubai Emirate
ParisFashionRetailBeautyLifestyleCosmeticsE CommerceFashionRetailLifestyleDescription
LVMH has sold the French fashion house Patou back to Dilesh Mehta through his company Nirvana Investments LLC-FZ. This sale reverses the majority stake acquisition from 2018, allowing Patou to return to independent ownership. The transaction aims to leverage Patou's established foundations for future growth and sustainability. Financial terms of the deal remain undisclosed.
Quick answer
Nirvana Investments LLC-FZ is acquiring Patou, announced August 3, 2026. Nirvana Investments LLC-FZ is based in Dubai Emirate, United Arab Emirates.
- How much did Nirvana Investments LLC-FZ pay for Patou?
- The deal value was not disclosed.
- What does Nirvana Investments LLC-FZ do?
- Nirvana Investments LLC-FZ is a holding company owned by entrepreneur Dilesh Mehta.
- Where are Nirvana Investments LLC-FZ and Patou based?
- Nirvana Investments LLC-FZ is based in Dubai Emirate, United Arab Emirates. Patou is based in Paris, Ile-de-France, France.
Source: Fundz verified event record.
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Who to call at Nirvana Investments LLC-FZ, and when
When Nirvana Investments LLC-FZ changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Nirvana Investments LLC-FZ raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nirvana Investments LLC-FZ, from your own LinkedIn network
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Frequently asked
Who acquired Patou?
Patou was acquired by Nirvana Investments LLC-FZ, based in Dubai Emirate. The deal was reported on August 3, 2026. Nirvana Investments LLC-FZ is a holding company owned by entrepreneur Dilesh Mehta. The company focuses on managing and developing a portfolio of fragrance brands. Nirvana Investments LLC-FZ is privately held and operates in Fashion.
When did Nirvana Investments LLC-FZ acquire Patou?
Nirvana Investments LLC-FZ's acquisition of Patou was reported on August 3, 2026. LVMH has sold the French fashion house Patou back to Dilesh Mehta through his company Nirvana Investments LLC-FZ. This sale reverses the majority stake acquisition from 2018, allowing Patou to return to independent ownership. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Patou do?
Patou is a historic French fashion house known for its elegance and innovative designs. The brand has undergone various ownership changes and aims to preserve its heritage while evolving in the modern market. It is privately held, operating in E Commerce, and is based in Paris.
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