By  on August 11, 2008

LONDON — Compagnie Financière Richemont has added another watchmaker to its luxury goods stable. The Geneva-based company, which owns watch houses including Jaeger-Le Coultre, IWC and Piaget, said Monday that it has acquired a 60 percent stake in the Swiss watch firm Manufacture Roger Dubuis SA.

Richemont said it had acquired the shares from Carlos Dias, one of the founding shareholders in Roger Dubuis. The financial terms of the deal were not disclosed.

To Read the Full Article

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus