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M&A Deal Summary

Movado Group Acquires Ebel AG

On December 22, 2003, Movado Group acquired consumer products company Ebel AG from LVMH for 47M USD

Acquisition Highlights
  • This is Movado Group’s 1st transaction in the Consumer Products sector.
  • This is Movado Group’s 3rd largest (disclosed) transaction.
  • This is Movado Group’s 1st transaction in Switzerland.

M&A Deal Summary
Date 2003-12-22
Target Ebel AG
Sector Consumer Products
Buyer(s) Movado Group
Sellers(s) LVMH
Deal Type Divestiture
Deal Value 47M USD

Target

Ebel AG

La Chaux-de-Fonds, Switzerland
Ebel AG is a world-class brand globally recognized for its iconic product designs, technological innovation and superior quality. The brand is currently sold at price points in the $1,500 to $10,000 range in approximately 1,800 doors worldwide. The Ebel business will remain based in La Chaux de Fonds, Switzerland.

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Buyer(S) 1

Buyer

Movado Group

Paramus, New Jersey, United States
Category Company
Founded 1961
Sector Consumer Products
Employees1,009
Revenue 653M USD (2025)
DESCRIPTION

Movado Group designs, sources, and distributes watches. Brands include Movado, Ebel, Concord, ESQ, Coach, Tommy Hilfiger, Hugo Boss, Juicy Couture, Lacoste, and Scuderia Ferrari. Movado company stores are located throughout the United States. Movado Group was founded in 1961 and is based in Paramus, New Jersey.

DEAL STATS #
Overall 1 of 3
Sector: Consumer Products M&A 1 of 3
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2003 M&A 1 of 1
Size (of disclosed) 3 of 3
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-05 JLB Brands

London, United Kingdom

JLB Brands Ltd. (Olivia Burton) is an owner of the Olivia Burton brand, it is designs are inspired by both fashion and vintage trends for the millennial consumer at accessible price points, with new watch collections launched every two months.

Buy £60M

Seller(S) 1

SELLER

LVMH

Paris, France
Category Company
Founded 1923
Sector Consumer Products
Employees200,518
Revenue 84.7B EUR (2024)
DESCRIPTION

LVMH is a global luxury goods conglomerate. The Company operates across five major sectors: fashion and leather goods, wines and spirits, perfumes and cosmetics, watches and jewelry, and selective retailing. Founded in 1987 through the merger of Louis Vuitton and Moët Hennessy, LVMH owns more than 75 prestigious brands, including Dior, Fendi, Bulgari, TAG Heuer, and Sephora. LVMH was founded in 1923 and is based in Paris, France.

DEAL STATS #
Overall 1 of 4
Sector: Consumer Products M&A 1 of 2
Type: Divestiture M&A Deals 1 of 4
Country: Switzerland M&A 1 of 1
Year: 2003 M&A 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-01-25 Miami Cruiselines

Florida, United States

Operator of duty free stores and provider of media programs to the cruise line industry.

Buy $350M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-30 Royal van Lent Shipyard B.V.

Kaag, Netherlands

Royal van Lent Shipyard B.V. is a designer and build of luxury motor yachts. Royal Van Lent operates under the name of Feadship, a global brand.

Buy -
Mergr

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