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Sunday / July 14.
HomeminewsRodenstock and Richemont in Talks

Rodenstock and Richemont in Talks

The Swiss luxury-goods maker Richemont is in talks to take a stake in Germany eyewear manufacturer Rodenstock in a move that would bolster the indebted eyewear company’s balance sheet, the Financial Times Deutschland reported early in the year. Rodenstock, which is owned by British buyout firm Bridgepoint, is burdened with 370 million euros (AUD$554 million) in debt, said the German newspaper, which did not identify its sources.

Rodenstock Australia, when asked about the proposed take over said: “we have no comment at this stage”.