Posted on February 08, 2018

Tourneau acquired by Swiss watch giant Bucherer

On January, 2018

Swiss watch and jewellery retailer Bucherer has acquired Tourneau, the largest luxury watch retailer in the US. Bucherer will use the acquisition to introduce its brand to the US consumer. Tourneau was founded in New York in 1900. It operates 28 retail store locations in 10 states as well as a fully integrated e-commerce site. Bucherer acquired Tourneau from an equity group which was led by Green Equity Investors IV, LP, an affiliate of Leonard Green & Partners, LP. Financial terms of the acquisition were not immediately disclosed.

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