Watches of Switzerland Group Acquires Roberto Coin Inc.

May 9, 2024

Watches of Switzerland Group PLC has acquired Roberto Coin Inc., the U.S.-associated arm of Italian jeweler Roberto Coin S.p.A., for approximately $130 million. The deal secures exclusive distribution rights for the Roberto Coin brand across North America and keeps the existing U.S. leadership team and Coin family involvement while enabling WOSG to expand the brand through its retail and digital channels.

Buyers
Watches of Switzerland Group PLC
Targets
Roberto Coin Inc.
Sellers
Roberto Coin S.p.A., Coin family
Location
New York, United States
Transaction Type
Buyout

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