As announced on 11 August, Richemont has acquired a controlling interest in Manufacture Roger Dubuis SA in a private transaction with Mr Carlos Dias, one of the founding shareholders.

Richemont and Manufacture Roger Dubuis SA are pleased to announce the appointment of Mr Matthias Schuler as Chief Executive Officer of Manufacture Roger Dubuis SA. In his previous position as Chief Operating Officer of IWC, Matthias Schuler has developed significant expertise in the Swiss watch industry.

Manufacture Roger Dubuis will continue to create, manufacture and distribute innovative watches under the Roger Dubuis name and will operate as an autonomous Maison within Richemont.

Manufacture Roger Dubuis SA will benefit from broader integration of its distribution into the Richemont structure which will support the development of its international business and notoriety.