====== Investcorp ======
Investcorp is a global equity form founded in [[1982]]. In the 1980s and 1990s, it owned all or part of [[Breguet]], [[Chaumet]], [[Ebel]], [[Nouvelle Lemania]], and [[Tiffany]], attempted to re-start [[Jaquet-Droz]], and also Saks Fifth Avenue and [[Gucci]]. Investcorp was one of the primary watch and luxury groups in the 1980s and 1990s.

===== History =====
Investcorp was set up in Bahrain by Nemir Kirdan of Iraq. Its aim was to invest Middle Eastern wealth in Western concerns, especially luxury brands.

  * [[1984]] - [[Tiffany]] is acquired for $95 million
  * [[1987]] - [[Breguet]] is acquired from [[Chaumet]]
  * [[1987]] - Tiffany is floated as a public company
  * [[1987]] - [[Chaumet]] is purchased out of bankruptcy due to fraud by the Chaumet brothers
  * [[1990]] - Saks Fifth Avenue is acquired for $1.3 billion
  * [[1992]] - [[Nouvelle Lemania]] is acquired
  * [[1988]] - Half of [[Gucci]] is acquired
  * [[1993]] - The remainder of [[Gucci]] is acquired
  * [[1994]] - [[Ebel]] is acquired from its founding family
  * [[1994]] - Dramatic and successful public license renewal for [[Gucci]]
  * [[1995]] - 48.2% of Gucci is listed on the New York Stock Exchange
  * [[1996]] - The remainder of Gucci is listed as a public stock, with Investcorp liquidating its holding the following year
  * [[1999]] - [[Breguet]] and [[Nouvelle Lemania]] is sold to [[Swatch Group]]
  * [[1999]] - [[Ebel]] and [[Chaumet]] are sold to [[LVMH]] for $460 million


{{tag>Watch_trusts Investcorp}}