Acquisition of Daum by Financiere Saint-Germain Creates Luxury Group of Complementary Products With a Distinctive Savoir-Faire
Financiere Saint-Germain now embarks on a program of decisive growth for some of the world’s most respected and appreciated names in decorative luxury products and objets d’art for discriminating interior designers, consumers and collectors worldwide.
Financiere Saint-Germain is controlled by the family of Mr
Founded over 130 years ago in
In terms of jobs, Financiere Saint-German has committed to maintain the industrial site at Vannes le Chatel, near Nancy. Mr. Prosper adds, “I am convinced that luxury requires French manufacture, with savoir-faire that marries tradition and innovation. Every factory has its own expertise and craftsmen of great quality. We must now build a distribution network that offers all of the group’s brands in one place.”
Daum, the luxury crystal maker renowned for producing one-of-a-kind originals, recently unveiled its “Vintage Collection” in
“Daum will continue to enthrall the upscale collector’s market with its revolutionary color-changing crystal and new artist showcases. At this month’s America’s Polo Cup in
“It’s an honor to represent Daum especially now as it joins such a distinguished family of luxury products through this brilliant acquisition by Financiere Saint-Germain,” said