Kering Acquires Ulysse Nardin
The French luxury conglomerate Kering (previously PPR), a world leader in apparel and accessories, has entered into an agreement to acquire Ulysse Nardin, a Swiss luxury watchmaker with an outstanding tradition and unique manufacturing expertise, from its current owners. The transaction is subject to approval by the competent merger control authorities.
Bär & Karrer acts as legal advisor to the sellers in the transaction. The Bär & Karrer team includes Christoph Neeracher, Till Spillmann, Philippe Seiler, Vincent Guignet, Erasmus Elsner (all M&A), Markus Wang, Fabian Wigger (both IP), Raoul Stocker, Raphael Annasohn (both Tax), as well as Mani Reinert (Merger Control).