Clifford Chance

Clifford Chance advises Partners Group on the acquisition of a significant minority stake of watchmaker Breitling

International law firm Clifford Chance, in conjunction with Swiss counsel Niederer Kraft Frey, advised Partners Group, a leading global private markets firm acting on behalf of its clients, and long-standing client of the firm, on the acquisition of a significant minority interest of the leading, independent Swiss watchmaker Breitling from CVC Capital Partners and management.

Breitling is one of the leading Swiss watchmakers, the Company benefits from attractive macro and sectoral transformative growth trends. Partners Group will work with CVC Capital Partners and management to further accelerate Breitling's growth, building on its successful track record in recent years. Key value creation initiatives include growing direct-to-consumer sales channels, expanding Breitling's own retail network, particularly in Asia and the US, and continuing to improve operational efficiency.

The Luxembourg Corporate team advising Partners Group on the acquisition was led by partner Katia Gauzès, senior advisor Lauren Harris and associates Megi Bllaca and Cristina Mudure.