Stonehage Fleming Corporate Finance is delighted to report the successful completion of the sale of The Watch Gallery to Bucherer.
Stonehage Fleming Advisory Limited, led by Richard Hill and Nick Smith, acted as financial advisor to the shareholders of The Watch Gallery on the transaction.
The Watch Gallery, based in London, is the UK’s leading independent luxury watch retailer. The Watch Gallery owns the largest luxury watch concession in Europe at Selfridges Oxford Street, runs the UK’s leading luxury watch website (www.thewatchgallery.com) and is a strategic partner for Rolex with 4 stores in London including the largest in Europe at One Hyde Park, Knightsbridge.
Bucherer, the family owned business founded in 1888 and now led by Jörg G Bucherer, is the leading luxury watch and jewellery retailer in Europe, with over 1,600 employees. The Bucherer brand is present in 29 exclusive locations, with 16 points of sale in Switzerland, 10 stores in Germany, 1 flagship boutique in Vienna, 1 boutique in Paris (the world’s largest watch and jewellery store) and, since 2016, one store in Copenhagen, Denmark.
For further information please contact:
Richard Hill
+44 (0)20 7036 5724
Richard.hill@stonehagefleming.com
Nick Smith
+44 (0)20 7036 5609