Strategic acquisition: Montres Journe and Chanel invest in Ebel
Movado Group, Inc. (Movado Group) has entered into a binding agreement to sell a 95 percemt interest in its Swiss luxury watch brand Ebel for 66.5 million dollars to a strategic buyer group. The acquiring consortium is led by Geneva-based Montres Journe SA (Montres Journe), the high-end luxury watch manufacturer behind F.P. Journe. French luxury...
loading...