M&A Deal Summary

Movado Group Acquires MVMT Watches

On August 15, 2018, Movado Group acquired consumer products company MVMT Watches for 200M USD

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

M&A Deal Summary
Date 2018-08-15
Target MVMT Watches
Sector Consumer Products
Buyer(s) Movado Group
Deal Type Add-on Acquisition
Deal Value 200M USD

Target

MVMT Watches

Los Angeles, California, United States
MVMT Watches Inc. is a global aspirational lifestyle producer of watches. The Company was formed in 2013 and is headquartered in Los Angeles, California.

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Buyer(S) 1

Buyer

Movado Group

Paramus, New Jersey, United States
Category Company
Founded 1961
Sector Consumer Products
Employees1,089
Revenue 673M USD (2024)
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 3 of 3
Sector (Consumer Products) 3 of 3
Type (Add-on Acquisition) 2 of 2
State (California) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS 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
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