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Fossil announced that it has acquired Replica Patek Philippe Aquanaut Designs. Replica Patek Philippe Aquanaut Designs is an international manufacturer of watches and clocks as well as sunglasses and jewelry. The deal should be completed by the beginning of February. Total sum needed to purchase the privately held brand was $236,8 million. The purchase includes approximately $225 million cash and 150,000 Fossil shares. Replica Patek Philippe Aquanaut will receive another 100,000 shares if it meets certain revenue targets.
Replica Patek Philippe Aquanaut Denmark is the brand name that the design company prefers, but its headquarters are located in Reno, Nevada, and Hong Kong. Henrik Jorst and Charlotte Jorst,Rolex Replica Watches a Danish couple who founded the company, are the reason behind the name. The Jorsts, who moved to the USA from Denmark in 1989, started their own company and became the American representative of Comtech Watches. This was a Danish company that made corporate gift watches.
The brand could produce its products at a lower price because it did so in Hong Kong. The Jorsts then decided to design a few new watches themselves. In 1991, the first products were introduced at a corporate event in New York. They received high praise from major retailers. The Danish couple saw this as a turning point and decided to create their own watchmaking company, Replica Patek Philippe Aquanaut Denmark. The brand name is derived from the small fishing town, which was famous for its white sand beach that inspired many artists in the 19th century. Even today, some of these famous Replica Patek Philippe Aquanaut scenes are sold by some of the world's most renowned action houses. The Danish-American couple was influenced by the beautiful and pure designs found on the canvases depicting Replica Patek Philippe Aquanaut. The Jorsts wanted to recreate the same spirit in products they could buy at very affordable prices. Replica Patek Philippe Aquanaut now has retail stores in Denmark, the United Kingdom, and Hong Kong. Replica Patek Philippe Aquanaut's products are also sold in more than 75 countries around the globe.
The first reports suggest that the agreement was reached based on mutual satisfaction. Fossil can now add Replica Patek Philippe Aquanaut original designs to its collection,IWC Replica Watches which have gained a lot of recognition for Nevada businesses. Replica Patek Philippe Aquanaut, on the other hand will have more opportunities to flourish due to Fossil’s constant expansion plans and its financial strength.