Announced
Financials
Sources
Tags
Domestic
Switzerland
Private
Friendly
Luxury Items
Acquisition
Private Equity
luxury watches
Majority
Pending
Single Bidder
Synopsis
Partners Group, a private equity firm, and Breitling, a luxury watchmaker, agreed to acquire Universal Geneve, a luxury watch company. Financial terms were not disclosed. "Universal Genève was once hailed as the couturier of watchmaking, renowned for its in-house movements and mythical models. It is a brand that watch enthusiasts have dreamed of seeing make a permanent comeback," Partners Group Co-Founder and Breitling Chairman.
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