France, Pechdo Tanneries go to Caroline Krug

The French tanneries Tanneries Pechdo change hands. Caroline Krug, a businesswoman with 12 years of experience in the LVMH group, with the support of an investment bank, found the majority of the company in which her capital came in 2014. Tannery, headquartered in Millau (renowned for gloves making), is specialised in the production of leather and sheepskin leather for leather goods and accessories. Leatherbiz.com wrote about the merger, noting that the charm of Tanneries Pechso was due to its independent nature.

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