You may already be familiar, but the Swiss watch house Breitling replica watches china is largely owned by the English private equity CVC Capital Partners. CVC is Europe’s largest private equity investment company.
The replica Breitling watches china house was founded in 1884 by Léon Breitling in Saint-Imier and bought in 1979 by the pilot Ernest Schneider.
Bretiling is still a small group of independent watch brands, but this will end soon, because 80% of Breitling’s shares will be held by CVC. Mr. Théodore Schneider, CEO of Breitling, holds 20% of the shares.
The acquisition takes place during a period when the Swiss watchmakers have finally found their way up, now for the first time since the 2nd consecutive year Annual exports have grown.
Breitling replica china also had one of the best years with sales of approximately CHF 400 million, an increase of more than 10% compared with revenue realized in 2014 and 2015 (CHF 370 million).
The closing of the transaction is subject to approval by the competition authorities, which is expected around June 2017.
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