Watchbox becomes majority shareholder in DeBethune

Sep 05, 2021,02:29 AM
 

DeBethune have confirmed that WatchBox, the well known pre-owned watch dealer has acquired a majority stake in DeBethune and the deal closed on August 31.


Watchbox is one of the 4 shareholders in DeBethune now.

Conflict of interest will be a key issue to watch for.

Watchbox has actively been a market maker  for FPJourne and Moser, the former having seen some serious rise in prices owing to the hype and halo created.




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Please see the following thread from August 31 discussing this acquisition:

 
 By: FabR : September 5th, 2021-02:37
AHCI - WatchBox invests in DeBethune ()