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M&A Deal Summary

Rolex Acquires Bucherer

On August 24, 2023, Rolex acquired retailer Bucherer

Acquisition Highlights
  • This is Rolex’s 1st transaction in the Retail sector.
  • This is Rolex’s 3rd transaction in Switzerland.

M&A Deal Summary
Date 2023-08-24
Target Bucherer
Sector Retail
Buyer(s) Rolex
Deal Type Add-on Acquisition

Target

Bucherer

Lucerne, Switzerland
Bucherer is a retailer of high-end watches, jewelry, and other products. Bucherer is based in Lucerne, Switzerland.

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Buyer(S) 1

Buyer

Rolex

Geneva, Switzerland
Category Company
Founded 1905
Sector Consumer Products
Employees30,000
DESCRIPTION
Rolex's corporate headquarters in Geneva, Switzerland.
Rolex's corporate headquarters in Geneva, Switzerland.

Rolex is a luxury watchmaker known for its precision and craftsmanship. Over the years, Rolex has consistently set industry standards, producing luxury timepieces that blend technology and classic design. Its watches represent the culmination of decades of expertise and are preferred by individuals seeking excellence. Rolex was formed in 1905 and is based in Geneva, Switzerland.

DEAL STATS #
Overall 3 of 3
Sector: Retail M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Switzerland M&A 3 of 3
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-03-27 Rolex Bienne

Bienne, Switzerland

Rolex Bienne is a producer of watch movements for the Rolex watch company. Rolex Bienne was established in 1913 and is based in Bienne, Switzerland.

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