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Jean-Claude Biver

April 24, 2008

LVMH, the luxury group owned by Bernard Arnault and family, has acquired Hublot group, the Geneva-based luxury watchmakers.

LVMH, the luxury group owned by Bernard Arnault and family, has acquired Hublot group, the Geneva-based luxury watchmakers. Hublot was founded by Carlo Crocco in 1980, and LVMH will acquire it from both Crocco and a company controlled by Jean-Claude Biver, which has managed Hublot since 2004.

"I am happy that Hublot, an innovative brand since its creation, is joining the LVMH group, the world leader in luxury goods, whose creative passion is without any doubt a value that I have always shared," said Crocco.

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