Rolex Announces It Will Acquire Watch Retailer Bucherer
113, Chemin du Pont-du-Centenaire, ZIPLO, Arare, Plan-les-Ouates, Genève, 1228, Schweiz/Suisse/Svizzera/Svizra
Rolex
CONFIRMED82% CONFIDENCEPYMNTS[1] dates the announcement to August 24, 2023, and quotes Rolex's own statement that the acquisition 'is the best solution not only for its own brands but also for all the watch and jewelry partner brands.'
Rolex said it will buy Bucherer, the world's largest watch retailer with more than 100 stores in seven countries, after owner Jörg Bucherer decided to sell with no heirs to take over the business.
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