Gordon-Choisy S.A.

History of Gordon-Choisy S.A.

Gordon-Choisy, one of the world’s most prominent tanneries specialized in exotic leathers, was initially sold to LVMH and then to Hermes International.

Hermès International, which already held a 49.6% stake in Soficuir International, has acquired the company´s remaining shares, thereby becoming sole shareholder.

The Soficuir group, which comprises T.c.i.m. (Tanneries des Cuirs d´Indochine et de Madagascar), specialises in the supply and tanning of precious leathers, primarily crocodile skin.

This acquisition will enable Hermès, which already owns 100% of Gordon-Choisy, a company specialising in the tanning of exotic leathers, to reinforce its tanning capacity and secure its supplies in order to meet robust demand for products (bags, small leather goods), particularly in crocodile skin.

The Soficuir group operates in four countries: France (with a production plant in the department of Sarthe), Italy, the United States and Switzerland. It generated consolidated revenues of E56 million in 2006 and has around 230 employees.

Source: Euroinvestor.com

Leave a Reply