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Chanel and François-Paul Journe consortium acquires Ebel for $66.5 million

First reported
Professional Watches ·
Found by WristBible
Sources
2

A consortium involving François-Paul Journe, Chanel and Pierre Jacques is acquiring Swiss watch brand Ebel from Movado Group for US$66.5 million. The deal transfers ownership of Ebel to the consortium, marking a new chapter for the brand.

Why it matters: This suggests a potential strategic reset for Ebel under owners with different watchmaking and luxury-sector interests from Movado Group.

Summary written by WristBible's AI editor from the publishers' reporting (originally in German). “Why it matters” is interpretation, not confirmed reporting.

Read the full story at Professional Watches

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