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anders trojel
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Posted on Tuesday, May 27, 2003 - 02:21 am:   

Thanks for the great new JLC forum !

I'm writing an article about the history of JLC and wonder if anyone can tell me:

1) When Audemars Piguet bought 40% of JLC (1978?)
2) When exactly Richemont took over JLC 100%
3) What was the sales price for JLC to Richemont

Thanks in advance and regards,


Anders
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Justin
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Username: Justin

Post Number: 7
Registered: 05-2003

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Posted on Tuesday, May 27, 2003 - 04:32 am:   

My research has found that

1. Audemars Piguet bought 40% of JLC in 1989.
2. In 2000 Richemont purchased Les Manufactures Horlog�res SA from Mannesmann,
3. for EU1.84 billion.
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Justin
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Username: Justin

Post Number: 8
Registered: 05-2003

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Posted on Tuesday, May 27, 2003 - 04:47 am:   

Further

3. Richemont actually paid CHF 2.8 billion to Mannesmann AG and CHF 280 million to Audemars Piguet.
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Zaf
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Username: Zaf

Post Number: 39
Registered: 05-2003

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Posted on Tuesday, May 27, 2003 - 09:58 am:   

Excellent stuff guys, this can easily become the best JLC forum on the internet. We've got all the right people involved right now...

Zaf
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anders trojel
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Posted on Wednesday, May 28, 2003 - 05:00 am:   

Thanks, Justin

As always, I appreciate your excellent feedback.

Anders