Breitling Replica Sold to CVC Capital PartnersCVC CAPITAL PARTNERS FUND VI AGREES To obtain MAJORITY STAKE IN BREITLING SACVC Capital Partners (鈥淐VC today announced that CVC Fund VI has decided to acquire an 80% stake in Breitling SA (鈥淏reitling, a major independent, family-owned manufacturer of Swiss luxury watches with an internationally renowned premium brand. The financial terms of the transaction wasn't disclosed.Within the transaction, Th茅odore Schneider will re-invest for the 20% shareholding in Breitling Replica. ladies gold rolex Founded in 1884, Breitling specialises inside development and manufacturing of high-performance watches. The corporation looks back with a heritage of seminal innovations which have played a decisive role inside the growth and development of wrist chronographs. Breitling employs approximately 900 people and it is headquartered in Grenchen, Switzerland. The business operates two manufacturing facilities, one out of Grenchen and another in La Chaux-de-Fonds. Breitling replica watches are offered worldwide in exclusive boutiques and via selected retailers.鈥淚 am convinced CVC is the right partner to raise Breitling one stage further,said Th茅odore Schneider, majority one who owns Breitling SA. 鈥淐VC鈥檚 expertise, track-record and international network will help unlock Breitling鈥檚 full potential.br />Alexander Dibelius, Managing Partner and Head of Germany at CVC, watches commented: hublot replica watch 鈥淏reitling carries a proud heritage, high brand awareness, and enjoys an outstanding reputation as one of the finest watchmakers on earth. We a lot look forward to dealing with Th茅odore Schneider when we attempt Breitling鈥檚 next chapter of growth.br />鈥淯sing our network and expertise, CVC will work to generate this global, iconic brand all the more renowned and help shape the way forward for considered one of Switzerland鈥檚 last independent replica watches manufacturers,added Daniel Pindur, Senior Md at CVC. 鈥淪pecifically, we view significant growth possibility of Breitling both in existing and new geographies by driving the digitization in the marketing and distribution channels in the company, helping to enrich the merchandise and customer experience.br />Closing in the transaction is subject to approval from the relevant competition authorities and it is expected for June 2017.
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