Swatch Group: Majority holding in Rivoli Dubai

Swatch Group

Technocorp Holding Ltd., a Swatch Group company, is increasing its stake in Dubai-based company Rivoli Investments LLC by purchasing a tranche of shares and is thus taking control of Rivoli Investments LLC.

Swatch Group previously held a 40% equity interest in Rivoli Investments LLC through its Technocorp subsidiary.

Rivoli operates a network of over 360 retail businesses in the Middle East, predominantly active in the watch segment. The company has a workforce of over 1500 employees.

Rivoli shops have for a long time offered Swatch Group watch brands for sale in this region.

 

Related news

Ordinary General Meeting

Ordinary General Meeting

The Ordinary General Meeting of Swatch Group Shareholders was held online in accordance with article 12 ff. of the Articles of Association on Wednesday, May 21, 2025. The shareholders approved, by a large majority, all proposals submitted by the Board of Directors. Mr Steven Wood's candidature for the Board of Directors was rejected by the…

Ordinary General Meeting of Shareholders

Ordinary General Meeting of Shareholders

The Ordinary General Meeting of Shareholders will be held in accordance with art. 12 ff. of the Articles of Association on Wednesday, May 21, 2025 at 10:00 a.m. (CEST), virtually, without physical presence of the shareholders.The Board of Directors decided to hold the General Meeting with no venue and by electronic means in accordance with art.…

Annual Report and Sustainability Report
AD HOC

Annual Report and Sustainability Report

The 2024 Annual Report of The Swatch Group Ltd is now available on our website. Download here: Swatch Group 2024 Annual Report   Concurrently, Swatch Group is also publishing its 2024 Sustainability Report according to GRI standards. Download here: Swatch Group 2024 Sustainability Report