LVMH’s Craft Division Acquires Italian Leather Manufacturer Nuti Ivo

6月 02, 2023

LVMH Métiers d’Art, the craft division of French luxury conglomerate LVMH, announced the acquisition of leading Italian leather manufacturer Nuti Ivo Group on May 30th.
Nuti Ivo Group, renowned for its long-standing tradition in the manufacturing field, has been dedicated to leather products since its establishment in 1955 and has emerged as one of the foremost leaders in the international leather industry. What began with just 15 employees has now expanded under the management of the second generation of the Nuti family, with the group operating four factories in Italy and empl …