The Watches of Switzerland Group completed the acquisition of Roberto Coin for $130m.

The Watches of Switzerland Group, a Swiss watches retailer, completed the acquisition of Roberto Coin, a jewelry products manufacturer, for $130m. "It has been a great pleasure getting to know Roberto and Peter over the last 18 months while we have been discussing this exciting opportunity. We are enormously appreciative of the trust Roberto, his family and Peter Webster have placed in us for this important next stage of the brand's development. We are delighted to welcome Roberto Coin Inc. colleagues into the Group and look forward to working closely with Roberto and Peter going forwards," Brian Duffy, Watches of Switzerland Group CEO.