Luxury goods group LVMH Moët Hennessy has announced plans to acquire French tannery Les Tanneries Roux.

It said Les Tanneries Roux has partnered with brands such as Louis Vuitton, Christian Dior, Loewe, Céline and Moynat over the last 20 years and developed the smooth and supple calf skins suitable for high-end leather goods. It was founded in 1803 and is based in Romans-sur-Isère.

LVMH said the acquisition reflects its desire to build its expertise in the sector, as demonstrated by the creation of "Les tanneries de la Comète" in 2009 and by its investment in crocodile leather firm Heng Long in October, 2011.

Jean-Claude Ricomard will remain chairman of Les Tanneries Roux.