Africa

The Swatch Group Ltd.: Acquisition of Swiss Precision, Johannesburg

Biel / Bienne (Switzerland), March 31, 2009 – Effective March 31st, 2009, The Swatch Group Ltd. has signed an acquisition contract concerning Swiss Precision (Pty) Ltd., of Johannesburg, South Africa, which is responsible for the distribution of watches in that country. The Swatch Group already held 10% of the company’s share capital. The company was [...]