Montres Corum Kunlun signed an agreement to buy all shares of Corum USA LLC, the exclusive distributor of the Swiss watch brand in the North American and Caribbean markets.
According to media reports, because the North American market has a large scale and huge business opportunities, this acquisition is in line with Corum Kunlun’s global business strategy and also makes the brand have greater influence in the North American market.
In addition, Corum Kunlun hopes to strengthen its connection with retailers in North America and the Caribbean and continue to build a long-term partnership that can maximize the support of its watch sales.
Corum Kunlun’s Romvlvs tourbillon watch has a ‘waveform’ outer ring, 12 Roman numerals engraved on the dial, limited to 10 pieces.
According to media reports, Michael Wunderman, Johnny Wizman and Steven Wizman, who have been bosses of Corum USA LLC since 2008, will continue to be engaged in the watch business as the owner of W Luxury Group, the exclusive distributor of Franc Vila Watches in North America.
In addition, Wunderman will continue to serve as president of the subsidiary until the end of October, and until then the appointment of a new president, Corum Kunlun’s CEO Antonio Calce will serve as interim president.
According to sources, employees of Corum USA LLC will not be affected,
Will go to work as usual.
For more information visit: www.corum.ch