Bulgari S.p.A. acquired by LVMH Moët Hennessy Louis Vuitton SE
LVMH Moët Hennessy Louis Vuitton SE acquired Bulgari S.p.A., an Italy & Global apparel brand, on Jun 30, 2011.
Preliminary: The transaction value, EV/revenue and EV/EBITDA are not yet independently verified. The EV/EBITDA is outside the usual range for comps, so treat it with caution.
Transaction summary
- Target
- Bulgari S.p.A.
- Acquirer
- LVMH Moët Hennessy Louis Vuitton SE
- Announced
- 2011-03-07
- Geography
- Italy & Global
- Type
- Acquisition
- Deal type
- Control
- Stake acquired
- 100%
- First added
- 2026-10-31
- Latest update
- 2026-10-31
Value and multiples
100% enterprise value
EUR 4.3B
Unverified
100% enterprise value | EUR
Basis: Reported / rumored
Reported price is assumed to be 100% EV unless stated otherwise. Partial-stake estimates are qualified in the basis notes.
Approx. $6.0B USD using FX date 2011-03-07 at 1.4028 EUR/USD.
EV / revenue
4.02x
Unverified
Period: FY2010
Basis: Estimated
EV / EBITDA
27.8x
Unverified
EBITDA basis not stated
Basis: Estimated
Amounts paid and other reported values
Original reported amounts and bases; a stake payment is distinct from the estimated whole-company valuation.
Consideration: EUR 4.3B
Basis
- Press-reported value: €4.3bn. Multiples use revenue of €1.07bn (FY2010) and EBITDA of €154.9m (FY2010).
Source summary
LVMH bags jeweller Bulgari in $5.2 b deal (Reuters)
EstimatedThe total value of the deal, including 600 million euros of convertible bonds, was 4.3 billion.
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