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Many of luxury holding company LVMH's acquisitions were due to chairman and CEO Bernard Arnault's search for undervalued companies.

Findings

Additional insights we found via Acquired

  1. The LVMH CEO didn't mind acquiring companies that were outside the scope of what he had acquired previously.

  2. That's partly why LVMH owns such a wide variety of brands today, from hotel chains to perfume companies.

  3. Arnault became LVMH's chairman when he acquired a controlling stake in 1989. He was briefly the world's wealthiest person in 2023, and he still serves as the chairman and CEO as of this writing.

  4. LVMH is short for "Moët Hennessy Louis Vuitton."

  5. Headquartered in Paris, France, it owns and operates 75 of the most well-known and valuable luxury brands of all time, including Tiffany & Co., Veuve Clicquot, and Fendi.

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