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I suppose a few of us were surprised when Eterna was taken over by the Chinese company International Volant Limited. Of course, Eterna had already established a pretty good track record post-resurrection, and may continue making winners like the Madison 8 days and the Vaughan Big Date.
The more recent "zombie" firm of Favre-Leuba has been acquired by Titan Industries Limited (a subsidiary of TATA who own majority stake in Land Rover/Jaguar) India. I think we might be in for a few more acquisitions of Swiss marques by Chinese and Indian companies.
The more recent "zombie" firm of Favre-Leuba has been acquired by Titan Industries Limited (a subsidiary of TATA who own majority stake in Land Rover/Jaguar) India. I think we might be in for a few more acquisitions of Swiss marques by Chinese and Indian companies.