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Chanel and F.P. Journe Purchase 95% of Ebel for $66.5 Million
A consortium led by Montres Journe, together with Chanel and former De Bethune CEO Pierre Jacques, has acquired a 95 % stake in Ebel for US $66.5 million, leaving the remaining shares with the Movado Group. The partnership combines Chanel’s financial resources, François‑Paul Journe’s watchmaking expertise, and