Breitling, the esteemed Swiss watch manufacturer, is navigating an exciting phase of its corporate journey as Partners Group elevates its investment to become the majority shareholder. However, Cvc Capital Partners Group, the current majority stakeholder, will continue to play a crucial role alongside Partners Group and the existing management team, signaling a robust ongoing partnership dedicated to fueling Breitling’s future success. This strategic realignment underscores the confidence all parties have in Breitling’s trajectory and its potential for further expansion in the global luxury market.
CVC Capital Partners’ Enduring Commitment to Breitling’s Vision
While Partners Group is set to become the largest shareholder, it is crucial to note that CVC Capital Partners Group is not exiting the scene. Instead, demonstrating a firm belief in Breitling’s continued growth, CVC will maintain a significant investment in the company. This continued collaboration between CVC Capital Partners Group and Partners Group provides Breitling with a powerful combination of financial backing and strategic expertise. CVC Capital Partners Group‘s initial investment and guidance have been instrumental in Breitling’s transformation over the past five years, setting the stage for this next phase of development. Their ongoing involvement ensures continuity and stability as Breitling embarks on its ambitious plans.
Partners Group Increases Stake to Drive Next Growth Chapter
Partners Group’s decision to increase its equity stake reflects their strong conviction in Breitling’s potential. Having been involved with Breitling previously, this move to become the largest shareholder signifies a deepened commitment to the Swiss watchmaker’s long-term vision. Alfred Gantner, Co-Founder and Executive Member of the Board of Directors at Partners Group, will assume the role of Chairman of the Breitling board, highlighting the firm’s proactive role in guiding the company. This leadership transition is viewed as a positive step, reinforcing the collaborative spirit between Partners Group, CVC Capital Partners Group, and Breitling’s management.
Strategic Continuity Under Georges Kern’s Leadership
Crucially, Georges Kern will remain at the helm as CEO, ensuring consistent leadership and strategic direction. His existing management team will also stay in place, providing stability and leveraging their deep understanding of the Breitling brand and market. This continuity is essential as Breitling focuses on executing its growth strategy, which includes further developing its omni-channel presence, expanding its global footprint, and innovating with new product lines that capitalize on Breitling’s rich heritage. The combined support of Partners Group and CVC Capital Partners Group, coupled with Kern’s leadership, positions Breitling strongly for sustained success and market leadership in the luxury watch sector.
Breitling’s Bright Future with Strong Partner Support
The reinforced partnership between Partners Group and CVC Capital Partners Group signifies a powerful endorsement of Breitling’s strategic direction and future prospects. With a clear focus on omnichannel expansion, geographic growth, and product innovation, Breitling is well-equipped to solidify its position as a leading global luxury watch brand. The continued involvement of CVC Capital Partners Group, alongside Partners Group’s increased commitment, provides a robust foundation for Breitling to achieve its ambitious goals and deliver exceptional value in the years to come.
