Richemont Now Completely Controls Roger Dubuis

A Richemont spokeswoman confirmed reports that it now owns 100 percent of Swiss watchmaker Roger Dubuis.

Richemont bought Dubuis’ production facility and took over distribution of the brand in 2007. The next year, it bought 60 percent of the company from former owner Carlos Dias.

Investor Akram Aljord previously owned the other 40 percent of the company, according to a Reuters report quoting Swiss newspaper Le Temps. No sale price was given.

 

JCK News Director