Swatch Group Acquires Harry Winston Watch & JewelrysharetweetshareThe Swatch Group has added another jewel ?or, more precisely, jeweler ?for the crown. The Bienne, Switzerland-based company, which owns watch brands including Swatch to Hamilton to Omega to Breguet replica montblanc gmt watches , announced Monday it's acquiring world-renowned jewelry brand Harry Winston, which recently has become a bastion of high watchmaking.In the deal, Swatch Group Ltd. gets Totally on the shares of HW Holdings Inc. , person who owns New York-based Harry Winston, Inc., giving the Group ownership of the trademark and all sorts of activities associated with its jewelry and replica watches, including its 535 employees worldwide and production company in Geneva, Switzerland. The purchase sum comes from U.S. $750 million as well as the assumption up to U.S preowned omega seamaster watches . $250 million of pro forma net debt. The sale won't add the mining segment from the company, Harry Winston Diamond Corporation, headquartered in Toronto, which is renamed Dominion Diamond Corporation upon the closing of the transaction."The Harry Winston brand presenting a whole new home that may give you the skills and support who's needs to realize the truth is potential, " said Robert A. Gannicott, chairman from the board and chief executive officer of Harry Winston Diamond Corporation.Harry Winston ?containing become known to watch enthusiasts and collectors chiefly through its haute horlogerie Opus collection ?will join the Swatch Group's portfolio of "prestige" brands, which currently includes Breguet, Blancpain, Glash tte Original and Jaquet Droz. Nayla Hayek, chairwoman in the Swatch Group Ltd., says, "We are proud and very happy to welcome Harry Winston to the Swatch Group family," adding, "Diamonds will still be a girl's closest friend. replica rolex "Harry Winston's Ny headquartersThe Harry Winston Opus XIIsharetweetshare replica cheap watches for men
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