Movado sells 95% of Swiss watch brand EBEL
What's the deal? Movado GroupDealroom has a profile for this one. Try Dealroom → has agreed to sell a 95% interest in EBELDealroom has a profile for this one. Try Dealroom →, its Swiss watch brand, the company said in October 2026. The deal value was not disclosed, and Movado will retain a 5% stake.
Why now? Movado framed the sale as a step toward anticipated strategic and financial benefits, though it did not detail the reasoning. The transaction still requires a pre-closing reorganization and regulatory, tax, or other approvals before it can close.
What could go wrong? Movado warned the sale may not close on schedule or at all. It also flagged that the final price could shift due to purchase price adjustments, and that the value of its retained 5% stake depends on how EBEL performs after the deal.
The signal: By offloading nearly all of EBEL, Movado is narrowing its brand portfolio and shifting risk onto a new majority owner while keeping a small foothold in the business.
Read more: financialpost.com
Image credit: Generated with Gemini
