PARIS – Persevering with its enlargement into hospitality and experiences, LVMH Moët Hennessy Louis Vuitton has invested in Les Domaines de Fontenille, the French boutique resort group co-founded by a former style government.
The French luxurious conglomerate has made a minority funding within the firm alongside Anaïs Ventures, the funding fund led by Julien Firmenich, a former senior government at Swiss perfume and flavors provider Firmenich, the resort group stated in an announcement.
Specializing in eco-responsible locations, Les Domaines de Fontenille was created in 2016 by Frédéric Biousse, who led high-street model Comptoir des Cotonniers and accessible luxurious group SMCP, and Guillaume Foucher, who along with Biousse based the Galerie Particulière artwork gallery in Paris.
Led by chief government officer Linda Hazi, it now teams 11 properties in France, Spain and Italy, with two new initiatives underway: a resort in Brittany, anticipated to open in spring 2025, and a five-star resort in Aix-en-Provence, slated to bow in 2026.
“With this new funding, Les Domaines de Fontenille plan to accumulate and renovate further distinctive properties. Every mission will adhere to the identical guiding philosophy: upholding the best environmental requirements whereas preserving the heritage and terroir that outline these distinctive locations,” it stated in an announcement.
Les Hortensias du Lac in Hossegor.
Céline Hamelin/Courtesy of Les Domaines de Fontenille
“This monetary funding by the LVMH Group in Les Domaines de Fontenille is a chance to discover a complementary realm to the hospitality choices we offer by our manufacturers,” stated Jean-Jacques Guiony, chief monetary officer of LVMH.
The group’s Belmond division teams 29 accommodations together with Resort Cipriani in Venice and the Copacabana Palace in Rio de Janeiro, along with trains, boats and safari lodges.
It additionally owns the unique Cheval Blanc properties and earlier this 12 months invested within the Orient Specific model, with formidable plans so as to add extra trains, crusing ships and accommodations.
Les Domaines de Fontenille final 12 months obtained an funding from French public establishment Caisse des Dépôts et Consignations and have become the primary French hospitality group to attain the standing of “société à mission,” reflecting its dedication to combining hospitality excellence with optimistic social and environmental impression.
“Fontenille is the story of a lifetime. The arrival of LVMH and Anaïs Ventures marks a pivotal second, reflecting the standard of labor achieved in a short while to create a robust and distinctive model,” Biousse and Foucher stated in a joint assertion.
Domaine de Primard.
Benoit Linero/Courtesy of Les Domaines de Fontenille