Billionaire Jorg Bucherer, Head of Swiss Watch Retailer, Dies Months After Selling Business To Rolex
Bucherer boss Jorg Bucherer died shortly after the sale of his jewelry and watch chain to Rolex.
Source: ndtv.com
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【F】 Just Like That, Rolex Has Become A Major Player In Retail
Rolex makes its move into retail by acquiring the Bucherer group. With over 100 locations, Bucherer is a major player in the watch industry.
Source: fratellowatches.com
Rolex Buys Bucherer, World's Biggest Watch Retailer
Acquisition brings Bucherer's 100-plus stores into the Rolex fold.
Source: instoremag.com
Bucherer Rolex: Century-old Swiss watch dynasty ends as secretive billionaire sells his $7 billion business
Secretive Swiss billionaire Jorg Bucherer shocked the industry by agreeing to sell his family’s $7 billion business because he had no direct descendants to inherit.
Source: afr.com
Watches of Switzerland loses a quarter of its value after Rolex deal
Watches of Switzerland Group lost a quarter of its market value on Friday after Rolex agreed to buy a leading Swiss watch retailer.
Source: marketwatch.com