M&A Deal Summary

Compagnie Financiere Richemont Acquires Varin-Etampage and Varinor SA

On October 2, 2012, Compagnie Financiere Richemont acquired consumer products company Varin-Etampage and Varinor SA

Acquisition Highlights
  • This is Compagnie Financiere Richemont’s 1st transaction in the Consumer Products sector.
  • This is Compagnie Financiere Richemont’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2012-10-02
Target Varin-Etampage and Varinor SA
Sector Consumer Products
Buyer(s) Compagnie Financiere Richemont
Deal Type Add-on Acquisition

Target

Varin-Etampage and Varinor SA

Delémont, Switzerland
Varin-Etampage and Varinor SA is a high-end manufacturer of stamped exterior components for watches, gold refiner and producer of semi-finished precious metal products destined for the watch and jewellery industry.

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Buyer(S) 1

Buyer

Compagnie Financiere Richemont

Bellevue, Switzerland

Category Company
Founded 1979
Sector Consumer Products
Employees37,117
Revenue 21.4B EUR (2025)
DESCRIPTION

Compagnie Financiere Richemont owns a portfolio of international brands or ‘Maisons’, which are managed independently of one another, recognizing their individuality and uniqueness. Compagnie Financiere Richemont was founded in 1979 and is based in Bellevue, Switzerland.


DEAL STATS #
Overall 4 of 5
Sector: Consumer Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Switzerland M&A 1 of 1
Year: 2012 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-24 Peter Millar

Durham, North Carolina, United States

Peter Millar is a leading manufacturer and marketer of premium lifestyle apparel. Peter Millar markets classically designed sweaters, shirts, and outerwear to high-end golf clubs and select specialty retail stores both in the United States and internationally.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-31 The Net-A-Porter Group

London, United Kingdom

The Net-A-Porter Group Ltd. is a online retailer of luxury fashion and accessories for men and women. The Company was formed in 1999 and is based in London.

Sell -