What is Kering acquiring in Italy?

Kering is acquiring a stake in Raselli Franco Group, an Italian manufacturer of luxury jewellery.

When will Kering's acquisition of Raselli Franco Group be finalized?

The initial acquisition is expected to be completed in the first quarter of 2026.

What is the financial value of Kering's initial purchase of Raselli Franco Group?

Kering's initial purchase of Raselli Franco Group is valued at €115 million ($134.78 million).

Home / Business and Economy / Kering Buys into Italian Jewellery Craftsmanship

Kering Buys into Italian Jewellery Craftsmanship

20 Dec, 2025

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Summary

Kering secures 20% stake in Italian jewellery maker Raselli Franco Group.
The acquisition could lead to Kering's full ownership by 2032.
Initial purchase for €115m ($134.78m) is expected in Q1 2026.

Kering Buys into Italian Jewellery Craftsmanship

Kering has announced an agreement to acquire Raselli Franco Group, an esteemed Italian manufacturer specializing in luxury jewellery. The deal involves an initial acquisition of 20% of the family-owned business, with provisions for Kering to potentially achieve full ownership by 2032. This strategic move is anticipated to finalize in the first quarter of 2026, with an initial investment of €115 million ($134.78 million), subject to regulatory approvals.

The acquisition marks a significant step in Kering's ambition within the jewellery market, bringing Raselli Franco Group's exceptional savoir-faire and innovative capabilities under its umbrella. Established in 1969, Raselli Franco Group manages the entire jewellery production cycle, from sourcing materials to final assembly, and has a long-standing relationship with Kering's existing jewellery houses.