Jewellery

Chaumet Advances the Acquisition of B.M.C. by Two Years to Secure its Jewellery Expertise

By Eva Morletto21 juillet 2026

According to a source close to the LVMH Group, Chaumet has moved up the acquisition of 100% of the Italian manufacturer B.M.C. S.p.A. by two years; the deal was originally scheduled for 2028. The Parisian high-end jewelry house, owned by LVMH since 1999, had taken an initial stake in the Valenza, Piedmont-based company in 2020.

Chaumet is a French fine jewelry and watchmaking house, founded in 1780 in Paris by Marie-Étienne Nitot, jeweler to Emperor Napoleon Bonaparte (DR)

In the world of fine jewelry, control over manufacturing capabilities has become just as strategic as the creative process itself. The major jewelry houses have fully grasped this, and Chaumet is no exception. Six years ago, the house acquired an initial stake in the Valenza-based company, located in Piedmont’s Italian “gold district.” Today, it is taking full control of the company, at a time when mastery of production capacity has become a major competitive advantage.

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B.M.C., a Strategic Asset for International Brands

Founded in 2001, the artisanal company B.M.C. has established itself as one of the leading suppliers to international high-end jewelry brands. Its workshops employ more than 300 people, and in 2025 the company generated revenue of 65.11 million euros, up from 61.1 million in 2024—representing growth of approximately 6.6%.

For Chaumet, this acquisition is not merely an industrial investment: it is part of the strategy the group has been implementing for several years, aimed at securing rare expertise and reducing dependence on subcontractors.

An Acceleration Driven by Industrial Challenges

First and foremost, one must consider the ever-increasing pressure on Italian production capacity and the growing interest of luxury groups in Italy’s network of artisanal businesses—a true treasure trove that major players in the sector are eager to acquire in order to secure their supply chains.

For luxury giants, the timing is particularly favorable for acquisitions: small Italian companies are bearing the brunt of market volatility and facing intense pressure on margins. These factors make them more flexible in negotiations, thereby creating a window of opportunity for acquirers.

By quickly integrating B.M.C., Chaumet can thus secure a major strategic asset and gain access to Valenza’s exceptional pool of talent, where some of Europe’s finest jewelry artisans are concentrated.

Key Points:

• Chaumet has accelerated the acquisition of 100% of the Italian manufacturer B.M.C. S.p.A., based in Valenza, by two years, thereby strengthening its control over strategic expertise in high jewelry.

• This transaction is part of a broader trend in the luxury sector: major houses are seeking to secure their supply chains by further integrating their industrial capabilities and specialized suppliers.

• With more than 300 employees and revenue of 65.1 million euros in 2025, B.M.C. represents a major industrial asset for Chaumet and provides the house with access to Valenza’s hub of jewelry excellence.

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