Jan
05
LVMH’s Private Equity Arm to Merge With Catterton
ByCreditFred Dufour/Agence France-Presse — Getty Images
LVMH, the largest luxury conglomerate in the world, has been an investor in the funds of the American private equity firm Catterton for almost two decades.
And when LVMH’s private equity arm, L Capital, which invests in brands in Europe and Asia, considered expanding into the United States, its American counterpart was contemplating the opposite move…