schneider family breitling | schneider breitling schneider family breitling Although the younger Schneider had already served as the brand’s director for years, by 2016, it became apparent that the historically family-owned watchmaker would benefit from outside assistance. That year, the Schneider family sold 80% of the shares of Breitling to CVC Capital Partners.
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In 1983, under the Schneider family’s leadership, Breitling developed the Chronomat for the Air Force’s aerobatic team, the ‘Frecce Tricolori’. This model was a departure from the earlier slide-rule chronographs. In 1984, to celebrate .
Breitling SA was founded in Saint-Imier by Léon Breitling in 1884. When Breitling died in 1914, the business passed to his son, Gaston, and then to his grandson, Willy, in 1935. Willy's children, however, were not interested in pursuing the family business, so the Breitling factory in La Chaux de Fonds closed in December 1978. Willy, already in poor health, died in May 1979. Ownership in Breitling first changed hands in 2017 when the Schneider family sold a majority stake to CVC Capital Partners. In 2022, .In 1983, under the Schneider family’s leadership, Breitling developed the Chronomat for the Air Force’s aerobatic team, the ‘Frecce Tricolori’. This model was a departure from the earlier slide-rule chronographs. In 1984, to celebrate Breitling’s centenary, the new model (Ref. 81950) was unveiled to the public and went into series .The Schneider family retained ownership until April 2017, when Ernst's son, Theodore Schneider, sold the majority stake (80%) in Breitling to CVC Capital Partners for 0 million. Schneider retained 20% control of Breitling until November 2018, when .
Although the younger Schneider had already served as the brand’s director for years, by 2016, it became apparent that the historically family-owned watchmaker would benefit from outside assistance. That year, the Schneider family sold 80% of the shares of Breitling to CVC Capital Partners.
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Ownership in Breitling first changed hands in 2017 when the Schneider family sold a majority stake to CVC Capital Partners. In 2022, Partners Group increased its stake in Breitling to become the brand's largest shareholder, in a deal that Bloomberg reported valued the watchmaker at .5 billion. In 2017, the Schneider family sold Breitling to CVC Capital Partners with watch-industry stalwart Georges Kern taking up the mantle of CEO. Though the Breitling name is no longer a family company, the accomplishments of Leon, Gaston, and Willy Breitling echo on throughout chronographic history. Kern was appointed CEO of the 134-year-old Swiss watch company in 2017 when CVC Capital Partners bought an 80% stake from Breitling’s longtime owners, the Schneider family. Best known for its. Owned since 1979 by the reclusive Schneider family, relatively small and independent Breitling was overshadowed by behemoths like Rolex, IWC and Swatch Group’s Omega, making it a perpetual .
The Schneiders carried on the tradition of innovation set out by Breitling’s founding family and continued to push design and technological boundaries. From emergency beacons to manufacture calibers, a Breitling watch stood for quality, style and performance. Watchmaker Breitling is confident it will be able to preserve its independence thanks to a committed family owner willing to invest for the long term, even in difficult times. Schneider was the second generation of his family to lead the brand. His father, Ernest Schneider, purchased the Swiss watchmaker from the Breitlings in 1979, when the company was in disarray. The elder Schneider died in 2015.
In 1983, under the Schneider family’s leadership, Breitling developed the Chronomat for the Air Force’s aerobatic team, the ‘Frecce Tricolori’. This model was a departure from the earlier slide-rule chronographs. In 1984, to celebrate Breitling’s centenary, the new model (Ref. 81950) was unveiled to the public and went into series .The Schneider family retained ownership until April 2017, when Ernst's son, Theodore Schneider, sold the majority stake (80%) in Breitling to CVC Capital Partners for 0 million. Schneider retained 20% control of Breitling until November 2018, when .
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Although the younger Schneider had already served as the brand’s director for years, by 2016, it became apparent that the historically family-owned watchmaker would benefit from outside assistance. That year, the Schneider family sold 80% of the shares of Breitling to CVC Capital Partners. Ownership in Breitling first changed hands in 2017 when the Schneider family sold a majority stake to CVC Capital Partners. In 2022, Partners Group increased its stake in Breitling to become the brand's largest shareholder, in a deal that Bloomberg reported valued the watchmaker at .5 billion.
In 2017, the Schneider family sold Breitling to CVC Capital Partners with watch-industry stalwart Georges Kern taking up the mantle of CEO. Though the Breitling name is no longer a family company, the accomplishments of Leon, Gaston, and Willy Breitling echo on throughout chronographic history. Kern was appointed CEO of the 134-year-old Swiss watch company in 2017 when CVC Capital Partners bought an 80% stake from Breitling’s longtime owners, the Schneider family. Best known for its. Owned since 1979 by the reclusive Schneider family, relatively small and independent Breitling was overshadowed by behemoths like Rolex, IWC and Swatch Group’s Omega, making it a perpetual .The Schneiders carried on the tradition of innovation set out by Breitling’s founding family and continued to push design and technological boundaries. From emergency beacons to manufacture calibers, a Breitling watch stood for quality, style and performance.
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Watchmaker Breitling is confident it will be able to preserve its independence thanks to a committed family owner willing to invest for the long term, even in difficult times.
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