Louis Vuitton buys Aston Martin

February 2, 2007

Aston MartinAston Martin is being bought by LVMH Moet Hennessy Louis Vuitton SA, the most high-profile luxury goods consortium in the world, joining the 60-or-so other brands that already make up the group. Aston Martin will be the first luxury car brand in LVMH’s portfolio, and it is the first to be run by a lifestyle/luxury goods group. The sale price wasn’t revealed, but Aston Martin was reportedly valued at as much as $1.2 billion last December.

BACK TO BLOG