Breitling Acquires Universal Genève From Stelux Holding For Sale Price XXX,XXX,XXX

ACQUISITION IMAGE: George Kern DATE: 12/12/2023

BUYER: Breitling SELLER: Stelux Holding

SALE PRICE: XXX,XXX,XXX

NOTE: Breitling, led by CEO Georges Kern, has acquired Universal Genève from Stelux Holdings, marking the realization of a long-awaited revival for the iconic watch brand. Partners Group, the ownership group behind Breitling, facilitated the acquisition, with Kern expressing awareness of the brand's profound heritage and its significance in watchmaking history. The revival is expected to be meticulous and faithful to Universal Genève's rich narrative, focusing on in-house movements and paying tribute to the brand's mid-century designs and history of innovation.

Breitling HQ: #Grenchen #Switzerland Stelux Holding HQ: #Hong Kong

#VentureCapital #Breitling #SteluxHolding #GeorgeKern #TradedVC