Partners Group acquires a majority stake in Breitling

Niederer Kraft Frey advised Partners Group, acting on behalf of its clients, on the acquisition of a majority stake in Breitling from CVC.

Partners Group is a leading global private markets firm with over USD 131 billion assets under management. Following the acquisition of a minority stake in 2021, Partners Group has decided to increase its stake in the Swiss watch manufacturer Breitling.

Founded in 1884, Breitling has a unique heritage in the industry as the inventor of the modern wrist chronograph and a particular positioning as a casual, inclusive, and sustainable luxury brand.

Clifford Chance acted as lead counsel on this transaction.

The NKF team was co-led by Corporate/M&A partner Ulysses von Salis and senior associate Katalin Siklosi, working with associates Naomi Loretz (all Corporate/M&A) and Binderiya Gan-Ayush, counsel Janine Reudt-Demont (both Data Protection, IP/IT) and partner Nicolas Birkhäuser (Antitrust).