Announced
Completed
Financials
Tags
Private
watchmaking
Friendly
Luxury Items
Switzerland
Domestic
Majority
Single Bidder
Acquisition
Completed
Synopsis
Sowind Group management completed the acquisition of Sowind Group, a Swiss haute horlogerie company, from Kering, a luxury group. Financial terms are not disclosed. "The extensive work carried out by the Group in recent years at Girard-Perregaux and Ulysse Nardin has laid the foundations for sustainable growth. Kering has demonstrated its ability to secure the conditions for the long-term development of entities leaving the Group, in the interest of their employees, partners, customers and local communities," Jean-François Palus, Kering Managing Director.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.