LVMH Métiers d'Art increases its stake in the Catalan tannery Riba Guixà to 80%

LVMH Métiers d'Art has increased its stake in Riba Guixà, a long-established Catalan tannery specializing in Spanish Enterfino lambskin, from 20% to 80%.

“With this transaction, we confirm our confidence and our investment in Riba and its incomparable craftsmanship,” said Matteo de Rosa, CEO of LVMH Métiers d'Art. “This strategic decision is perfectly consistent with our mission. It allows us to not only continue to raise the quality of our lambskin products, but also promote our vision of innovative and sustainable manufacturing, ensuring that [Riba’s] The inheritance and mastery of these traditional skills will be perpetuated for future generations,” he added.

Riba Guixà was founded in 1932 by Joan Riba Guixà in Caldes De Montbui, near Barcelona. Throughout the 20th century, the company made exceptional advancements, emerging as a leader in the treatment of the most refined leather materials essential to the luxury industry. Joan Riba Guixà, heir to a family with a long tradition in tanning, established operating conditions of the highest level that allowed the company to consolidate itself as a benchmark in the production of lambskins, especially Enterfino lamb and Plongé leather. The company is currently run by the fourth generation of the Riba family.

The Métiers d'Art division was created by LVMH in 2015 to support the group's world-class producers and artisans around the world. It is currently made up of 17 companies, including GBJM, Masoni, Heng Long, Jade Groupe, Nuti Ivo Group, Tanneries Roux, Verdeveleno and MONDE.