Luxury Watchmaker Bremont Announces £48.4M ($59M) Investment By Bill Ackman And Hellcat Lp

Jan 23, 2023•over 2 years ago

Amount Raised

£48.4 Million

OxfordshireFashionManufacturing

Investors

Hellcat LpBill Ackman

Description

Bremont, Britain's largest manufacturer of luxury watches, today announced that renowned investor, Bill Ackman and his affiliate, has purchased a substantial minority interest in the company alongside Hellcat LP, Bremont's long-standing lead investor, which increased its investment in the Company as part of the transaction.

Company Information

Company

Bremont

Location

Oxfordshire, United Kingdom

About

Co-Founded by brothers Nick & Giles English in 2002, Bremont is an award-winning British luxury watch brand manufacturing mechanical watches in Henley-on-Thames, England. Bremont has been pivotal in reinvigorating the British watch industry and the brand remains true to its aviation and military heritage creating watches for some of the most exclusive military squadrons around the world. Bremont is known for its sophisticated British engineering, innovations, and mission-ready, highly durable chronometers. Bremont has continued to invest in UK watchmaking and manufacturing with the 2021 opening of The Bremont Manufacturing & Technology Centre, a state-of-the-art 35,000 sq ft purpose-built mechanical watch manufacturing centre enabling the full machining and manufacturing of Bremont's watches.

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