LVMH Buys High-End Swiss Clock Manufacturer L’Epée 1839
- Bernard Arnault’s son Frédéric heads watch division at LVMH
- LVMH’s watch division includes Tag Heuer, Hublot, Zenith
A Fifth Element luxury desk clock, produced by MB&F and L'Epée 1839.
Photographer: Stefan Wermuth/BloombergThis article is for subscribers only.
LVMH is buying the owner of L’Epée 1839, a Swiss manufacturer of high-end clocks, a niche timekeeping market that’s largely been bypassed by luxury conglomerates and shoppers.
LVMH Moët Hennessy Louis Vuitton SE is acquiring Swiza SA, the owner of L’Epée, according to a statement Tuesday. Terms were not disclosed.