Watch manufacturer Rodania in Belgian hands | RetailDetail

Watch manufacturer Rodania in Belgian hands

Watch manufacturer Rodania in Belgian hands

The Swiss group owning watch brand Rodania and several jewelry brands, Montebi, has been sold to Belgian investor Philip Cracco.

"Ro-da-ni-aaaa!"

Every cyclist fan knows the famous Rodania tune, but almost nobody has heard of the brand's owner, called Montebi. Capital Partners acquired the Swiss company 8 years ago from the Swiss-Belgian Aebi family, but now the brand has returned to Belgian hands thanks to the sale to Capital & Ideas, which belongs to Belgian entrepreneur Philip Cracco.

 

Rodania was founded in 1930 in the Swiss town of Lengnau and is currently on sale in some 2,000 stores. It is also the most well-known brand in Montebi's portfolio, representing about half of the group's turnover (15 million euro). Montebi also has other watch brands (Maurice Lacroix, Michel Herbelin, Daniel Wellington and a license for Olivier Strelli), alongside jewelry brands like Nona Gold, Nona Silver and Innocence.

Questions or comments? Please feel free to contact the editors


Carrefour Belgium launches personal shoppers with 90 minutes delivery

19/07/2018

In the intense struggle for the customers' favour, Carrefour Belgium has presented a new service - featuring personal shoppers, delivery within 90 minutes and an app that can be expanded into a market place.

Cultured meat in stores by 2021?

18/07/2018

Commercialization of laboratory cultured meat is coming closer. Pioneer Mosa Meat has raised 7.5 million euros for the construction of a factory that will bring an affordable product to the market within three years.

Aldi commits to renewable energy

17/07/2018

Aldi Nord has published an ambitious international climate policy: the retailer wants to reduce greenhouse gas emissions by 40% by 2021 and reveals some compelling figures in its second sustainability report.

Discounters' major opportunities for growth in Western Europe

16/07/2018

Despite the multitude of stores in most European markets, discounters plan to open up to ten million square metres of store surface in five years' time. Even in so-called saturated markets they still see a lot of chances for growth, LZ Retailytics says.

Contamination bites huge chunks of Greenyard's value

16/07/2018

Vegetable producer Greenyard is under attack after a listeria contamination in its Hungarian factory. The company says to have taken all necessary measures, but the share price plummets.

Starbucks dumps plastic straws worldwide

12/07/2018

American coffee company Starbucks will ban plastic straws in their stores starting from 2020. A small step for coffee enthusiasts, but a big step for the environment, as the coffee giant uses about a billion straws every year.