Companies

Kering to acquire Raselli Franco Group in staged deal

Jan 1, 2026 France

The France-based luxury group has announced a staged acquisition of jewellery maker Raselli Franco Group. The deal will begin with the purchase of a 20% stake in the first quarter

According to a statement released by Kering, the acquisition will be completed in several stages. The first stage will see Kering acquire a 20% stake in the first quarter of 2026 for 115 million euros. The agreement includes a clear pathway to full ownership by 2032, subject to regulatory approvals and customary closing conditions.

This deal forms part of Kering’s strategy to support the long-term growth of its Houses and strengthen its control over the value chain. Founded in 1969, the family-owned Franco Raselli Group is internationally recognised for its exceptional expertise and innovative skills in jewellery prototyping and production and has been a strategic partner of the French group for many years.

“This acquisition marks a strategic milestone for Kering, embodying our ambition in jewellery”, said Luca de Meo, CEO of Kering. The group highlighted that its Jewellery Houses (Boucheron, Pomellato, Dodo and Qeelin) are experiencing significant growth and consistent revenue, and that the acquisition will further enhance its production capabilities, craftsmanship, and long-term goals within the sector.

Luca de Meo added: Raselli Franco Group brings exceptional savoir-faire and innovation, anchored in a rich heritage and a strong commitment to sustainability. By securing critical manufacturing capabilities for our jewelry activity, this partnership will strengthen our value chain and accelerate the growth of our Houses. It reflects our unwavering commitment to excellence and our determination to shape the future of jewelry”.

“I am delighted of this agreement with Kering. It will reinforce us and allow us to continue to serve to the best of our abilities the Maisons with whom we have been proud to collaborate for so many years. As a family-owned company, we share the same values of excellence, innovation, and agility, as well as the same ambition to contribute to the future of jewelry”, commented Andrea Raselli, CEO of Raselli Franco Group.

Image Credits: gruppoerrepi.com

France Acquisitions Companies Kering Luxury