"Baccarat (pronounced [bakaʁa]) is a French luxury brand and manufacturer of fine crystal located in Baccarat, France. The company owns two museums: the Musée Baccarat in Baccarat, Meurthe-et-Moselle and the Musée Baccarat in Paris on the Place des États-Unis.
Groupe du Louvre was the majority shareholder of the company until 2005. The company was then acquired by Starwood Capital Group, 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 percent stake of the company from Starwood Capital Group and L Catterton. On December 23, 2020, four financing funds based in Hong Kong - Tor, 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." - (en.wikipedia.org 10.08.2022)
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