By  on September 1, 2008

PARIS - LVMH Moet Hennessy Louis Vuitton is sailing into new luxury waters, acquiring a Dutch maker of custom mega yachts.
The French luxury giant said it would acquire Royal van Lent from Egeria, an investment firm based in the Netherlands.
A designer and builder of yachts over 160-feet in length, sold under the Feadship brand, Van Lent has posted annual sales growth of more than 20 percent, LVMH said.

For complete coverage, see Tuesdays WWD.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus