Porsche Sells Eterna to International Volant Limited of ChinasharetweetshareToday, International Volant Limited, a wholly-owned subsidiary of China Haidian, announced that this has acquired all shares in Eterna AG Uhrenfabrik from F.A. Porsche Beteiligungen GmbH. Eterna was founded (within a different name) in 1856, In 1932, Eterna developed a subsidiary called ETA for making movements for itself and also other watch companies. ETA grew by way of a series of mergers, and from now on it really is of Swatch Group. Eterna was sold a couple of times while it began with 1982, as well as in 1995 it had been purchased by F.A. Porsche Beteiligungen GmbH. In 1998 Eterna began manufacturing replica watches beneath the Porsche Design name.Oliver Porsche, managing director of F.A. Porsche Beteiligungen GmbH, says that he's very certain if the modern owner continues the determined path Eterna AG has started to follow and may further strengthen Eterna AG's position as among the premium manufacturers of replica watches.Mr. Hon Kwok Lung, rolex mens datejust chairman with the buyer, said that this acquisition is an important component of particularly of China Haidian to remain its sustainable boost mainland China and overseas. "We assume that mechanical watch movements will more and more turned into a limiting element in the market watches ; therefore, Eterna AG lamborghini watches , for being capable of manufacture its mechanical movements, is really a decisive accessory the group's portfolio" , Hon Kwok Lung added.Information on the transaction weren't disclosed.sharetweetshare replica authentic breitling watch bands
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