Swatch Group has absorbed Harry Winston

All giant Swatch Group has absorbed another brand - Harry Winston. Swiss holding company bought the watch and jewelery division of the American company, while diamond production, which this brand is also involved, has remained in the hands of the previous owners. Despite the popularity of the brand Harry Winston, her case recently ladilis. In the autumn, there were rumors that the owners are looking for, to fuse the production of watches and yuvelirki. Buyer found pretty quickly. The total purchase price amounted to $ 1 billion 750 million for the company itself, still 250 to cover the debt. Now Harry Winston will have to get used to life in a new family, which already have names such as Breguet, Blancpain, Jaquet Droz and Glashutte Original.