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LVMH Métiers d'Art acquires Grupo Verdeveleno

YarnsandFibers News Bureau 2023-09-28 18:06:41 – France

LVMH Métiers d'Art, a part of the well-known French conglomerate LVMH, has recently acquired Grupo Verdeveleno, a prominent Spanish company specializing in the tanning and finishing of exotic leathers.

Grupo Verdeveleno is recognized not only for the high quality of its products but also for its dedication to maintaining clear and transparent supply chains. The collaboration between LVMH and Grupo Verdeveleno represents a coming together of shared values and goals. LVMH aims to leverage Grupo Verdeveleno's expertise in responsible and sustainable production.

This acquisition is in line with LVMH Métiers d'Art's mission to support and uplift artisans worldwide, while also promoting sustainability in the luxury industry. It follows previous investments by LVMH Métiers d'Art in the sector, highlighting their comprehensive approach to managing the supply chain.

Matteo de Rosa, CEO of LVMH Métiers d'Art, emphasized the exceptional quality of Grupo Verdeveleno's products and their commitment to maintaining transparency in the supply chain.

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