Acquiring Company
Damiani Group
Acquired Company
Baume & Mercier
TicinoSwitzerlandE CommerceFashionRetailLifestyleJewelryE CommerceFashionRetailJewelryDescription
Damiani Group has completed the acquisition of Baume & Mercier from Richemont, marking a significant expansion in the luxury watch market. The sale is part of Richemont's strategy to streamline its portfolio, focusing on high-performing brands. Damiani aims to leverage its retail network to enhance Baume & Mercier's international presence. Richemont will provide operational support during the transition to ensure smooth integration.
Quick answer
Damiani Group is acquiring Baume & Mercier, announced July 2, 2026. Damiani Group is based in Ticino, Switzerland.
- How much did Damiani Group pay for Baume & Mercier?
- The deal value was not disclosed.
- What does Damiani Group do?
- The Damiani Group is a prestigious, family-run Italian global luxury group.
- Where are Damiani Group and Baume & Mercier based?
- Damiani Group is based in Ticino, Switzerland. Baume & Mercier is based in Switzerland.
- Who are the decision-makers at Damiani Group?
- Fundz holds 1 contact at Damiani Group. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in E Commerce and Fashion
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Chanel completes acquisition of Charvet shirtmaker (July 3, 2026)
- Signet Jewelers acquires Zale Corporation for $1.4B, $1.4B (June 17, 2026)
- Nykaa acquires Earth Rhythm, stake rises to 100% (May 22, 2026)
- LVMH sells Patou to Dilesh Mehta's Nirvana Investments (August 3, 2026)
- Frasers Group to acquire HUGO BOSS AG (June 10, 2026)
- Omoda acquires Wehkamp to expand e-commerce reach (June 4, 2026)
Who to call at Damiani Group, and when
When Damiani Group changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Damiani Group raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Damiani Group, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Damiani Group. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Damiani Group makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Baume & Mercier?
Baume & Mercier was acquired by Damiani Group, based in Ticino. The deal was reported on July 2, 2026. The Damiani Group is a prestigious, family-run Italian global luxury group. It operates in the luxury goods sector with brands like Damiani, Salvini, Bliss, and Calderoni. Damiani Group is privately held and operates in E Commerce.
When did Damiani Group acquire Baume & Mercier?
Damiani Group's acquisition of Baume & Mercier was reported on July 2, 2026. Damiani Group has completed the acquisition of Baume & Mercier from Richemont, marking a significant expansion in the luxury watch market. The sale is part of Richemont's strategy to streamline its portfolio, focusing on high-performing brands. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Baume & Mercier do?
Baume & Mercier is a specialist watchmaker with a legacy spanning 200 years. It is known for its strong presence in the luxury watch segment. The brand operates predominantly through a multi-brand wholesale distribution model. It is privately held, operating in E Commerce, and is based in Switzerland.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.