Advestra with Breitling on Gallet acquisition
Advestra advised Breitling on the acquisition of hystoric Swiss watchmaker Gallet.
The context
Founded in 1884 by Léon Breitling, the homonymous company started as a small watches shop in Saint-Imier, eventually moving to La Chaux-de-Fonds, the watchmaking capital of Switzerland, and of the world.
In connection with the transaction, Brietling completed the acquisition of Gallet, marking the brand’s second addition of a notable watchmaker, after the 2023 purchase of Universal Genève.
Founded in 1446 as a watch-trading business, Gallet soon-turned into a manufacturer of high-performance chronographs for aviation, motorsport, and professional use. The brand will now position as a luxury, entry-level sibling to Breitling.
The Advestra team
The Advestra corporate and M&A team working on the deal included Beda Kaufmann (pictured), Fabian Wild, Anna Capaul and Roland Truffer.
