Thom and Renaissance Luxury-backed Altesse completed the acquisition of Agatha from King Power Luxembourg.

Thom, a jewelry retailer, and Renaissance Luxury-backed Altesse, a jewelry manufacturer, completed the acquisition of Agatha, a jewelry manufacturer, from King Power Luxembourg. Financial terms were not disclosed. “To this emblematic brand of French jewelry, its letters of nobility and its influence in France and internationally. We are convinced that by working as a team, we will make Agatha a new brand leader in its market thanks to distribution channels that must become powerful again,"Eric Lefranc and Romain Peninque, Renaissance President and Thom CEO.