Baccarat (company)

Baccarat (French: [bakaʁa]) is a French luxury house and manufacturer of fine <a href="/facts/Lead_glass/FtgPe6r2">crystal</a> located in <a href="/facts/Baccarat%2c_Meurthe-et-Moselle/W2N46wgC">Baccarat, Meurthe-et-Moselle</a>, France. The company owns two museums: the <a href="/facts/Mus%25C3%25A9e_Baccarat/hkXNmlUU">Musée Baccarat</a> in Baccarat, and the <a href="/facts/Mus%25C3%25A9e_Baccarat%2c_Paris/L0SyFKPz">Musée Baccarat</a> in Paris on the <a href="/facts/Place_des_%25C3%2589tats-Unis/54leus0c">Place des États-Unis</a>.
<a href="/facts/Groupe_du_Louvre/9TFe2lwY">Groupe du Louvre</a> was the majority shareholder of the company until 2005. The company was then acquired by <a href="/facts/Starwood_Capital_Group/B4FmhFS2">Starwood Capital Group</a>, which used the name for a luxury hotel called Baccarat Hotel New York, featuring the company's chandeliers, decorative pieces and glasses.
In 2018, Fortune Fountain Capital, a Beijing-based financial group, acquired an 88.8 per cent stake of the company from Starwood Capital Group and <a href="/facts/L_Catterton/2QAjvpLK">L Catterton</a>. On 23 December 2020, four financing funds based in Hong Kong - Tor Investment Management, Sammasan, Dolphin and Corbin - took control of the capital of Fortune Fountain Limited (FFL), the holding company that held 97% of the shares of Baccarat.

Baccarat (company) open-in-new

Baccarat (company)