Breitling news and archive

Partners officially buys Breitling stake

Partners Group Holding AG has agreed to buy a stake in Swiss watchmaker Breitling SA from CVC Capital Partners. The investment firm now owns a sizable minority stake and will be aiding CVC in growing Breitling. The news was reported by Reuters. The financial terms of the deal were not disclosed. Breitling is one of the few independent Swiss...

Business

Partners in talks to acquire stake in Breitling

Partners Group Holding AG is in talks to acquire a 25 percent stake in luxury watchmaker Breitling from CVC Capital. The news was reported by Bloomberg. A potential deal could be announced within the coming weeks. The investment could potentially value Breitling at 3.3 billion dollars. Breitling is one of the largest Swiss watch brands in the...

Fashion

Breitling partners with ocean conservationists

Swiss watch brand Breitling has announced a partnership with Ocean Conservancy, a non-governmental organization dedicated to leading the global fight for a healthy ocean and clean beaches. Breitling CEO Georges Kern stated in a press release: “As global corporate citizens, we are thrilled to be able to support Ocean Conservancy’s mission of...

Business

CVC acquires Breitling

CVC Capital Partners of Britain announced that they have acquired a majority stake in luxury watch company Breitling SA. Breitling is known for their Navitimer and Breitling for Bentley collections. Theodore Schneider, majority owner of the company, will retain a 20 percent stake by means of a reinvestment. The deal will officially close in...