PARIS — Swatch Group said it has taken control of Rivoli Investments LLC, a Dubai-based company that operates more than 360 retail businesses in the Middle East, mainly in the watch segment.

 

The Biel, Switzerland-based group, whose 19 brands range from luxury Breguet timepieces to more affordable plastic Swatch watches, said it raised its existing 40 percent stake in Rivoli Investments LLC through its subsidiary Technocorp Holding Ltd.

 

Rivoli shops already sell a selection of Swatch Group watch brands.

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