LVMH completed the acquisition of a minority stake in La Joux-Perret.

LVMH, a French multinational luxury goods conglomerate, completed the acquisition of a minority stake in La Joux-Perret, a Swiss manufacturer of mechanical watch. Financial terms were not disclosed. The acquisition of a stake and the consolidation of the commercial partnership are part of a long-term approach aimed at establishing strategic links with exceptional industrial partners and supporting LVMH's investments in Switzerland.