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In 2022, Partners Group acquired a majority share of Breitling, with CVC .
Swiss luxury watchmaker Breitling AG is making its first major acquisition, . Breitling and Partners Group, the ownership group behind Breitling, have announced their acquisition of Universal Genève from Stelux .
In 2022, Partners Group acquired a majority share of Breitling, with CVC reducing its ownership. The deal valued the Swiss watchmaker at more than .5 billion. Our conversation starts with an in-depth discussion of Breitling's surprise acquisition of Universal Genève , including details on Kern's plans for the brand's relaunch.
Swiss luxury watchmaker Breitling AG is making its first major acquisition, buying Universal Genève in an attempt to revive a brand that has faded since its heyday decades ago. Breitling and Partners Group, the ownership group behind Breitling, have announced their acquisition of Universal Genève from Stelux Holdings. The historic watchmaking brand, known for its in-house movements and mythical models, will be relaunched by Breitling's CEO Georges Kern. Die Private-Equity-Gesellschaft Partners Group löst CVC als Mehrheitsaktionärin bei Breitling ab. Alfred Gantner soll das Verwaltungsratspräsidium beim Uhrenhersteller übernehmen. Swiss luxury watch maker Breitling AG is making its first major acquisition, buying Universal Geneve in an attempt to revive a brand that has faded since its heyday decades ago.
In a surprise announcement, Swiss watch brand, Breitling, said Tuesday that it has acquired historic Swiss watchmaker, Universal Genève, marking a new chapter for the brand known for its . The deal saw Breitling acquire Universal Geneve for approximately 60 million Swiss francs, to be paid over five years. This move expands Breitling’s portfolio, giving it a second major brand and strengthening its position in a market dominated by conglomerates like Swatch Group AG and Richemont.
Just in time for the holidays, Breitling announced what could become the most significant news piece of the year, revealing their purchase of Universal Genève, a legendary watchmaking house of yesteryear, for a rumoured US million from Hong Kong-based Stelux Holdings who had acquired Universal Genève in 1989.
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In a rather unexpected strategic move, Breitling announced today that it aims to restore the prestige of the historical brand name in the world of luxury watches – something that many collectors (and watch industry executives) have been wanting to . Swiss luxury watchmaker Breitling has announced its acquisition of Universal Genève, marking a new chapter for the brand renowned for its horological artistry and innovation. This strategic move promises to restore one of the most iconic brand names in . In 2022, Partners Group acquired a majority share of Breitling, with CVC reducing its ownership. The deal valued the Swiss watchmaker at more than .5 billion. Our conversation starts with an in-depth discussion of Breitling's surprise acquisition of Universal Genève , including details on Kern's plans for the brand's relaunch.
Swiss luxury watchmaker Breitling AG is making its first major acquisition, buying Universal Genève in an attempt to revive a brand that has faded since its heyday decades ago. Breitling and Partners Group, the ownership group behind Breitling, have announced their acquisition of Universal Genève from Stelux Holdings. The historic watchmaking brand, known for its in-house movements and mythical models, will be relaunched by Breitling's CEO Georges Kern. Die Private-Equity-Gesellschaft Partners Group löst CVC als Mehrheitsaktionärin bei Breitling ab. Alfred Gantner soll das Verwaltungsratspräsidium beim Uhrenhersteller übernehmen.
Swiss luxury watch maker Breitling AG is making its first major acquisition, buying Universal Geneve in an attempt to revive a brand that has faded since its heyday decades ago. In a surprise announcement, Swiss watch brand, Breitling, said Tuesday that it has acquired historic Swiss watchmaker, Universal Genève, marking a new chapter for the brand known for its .
The deal saw Breitling acquire Universal Geneve for approximately 60 million Swiss francs, to be paid over five years. This move expands Breitling’s portfolio, giving it a second major brand and strengthening its position in a market dominated by conglomerates like Swatch Group AG and Richemont.
Just in time for the holidays, Breitling announced what could become the most significant news piece of the year, revealing their purchase of Universal Genève, a legendary watchmaking house of yesteryear, for a rumoured US million from Hong Kong-based Stelux Holdings who had acquired Universal Genève in 1989. In a rather unexpected strategic move, Breitling announced today that it aims to restore the prestige of the historical brand name in the world of luxury watches – something that many collectors (and watch industry executives) have been wanting to .
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