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Announced

De Bethune to invest in REUGE.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Recreational Products

Acquisition

Domestic

Majority

Private

Pending

Friendly

Single Bidder

musical equipment

Switzerland

Synopsis

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De Bethune, a Swiss watch brand, agreed to invest in REUGE, a producer of mechanical music boxes. Financial terms were not disclosed. Together, the two companies based in Sainte-Croix will expand their technical vocabulary, developing synergies in order to accelerate the renewal of art mechanics.

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