Mirabaud Asset Management’s private equity team has taken an equity stake in Monyco, a B2B specialist in installing luminous materials on watches.
Based in La Chaux-de-fonds, Switzerland, Monyco, whose “watch urbanism” is listed on the UNESCO world heritage list, serves 120 international clients including the largest watchmakers.
This investment is a perfect fit to Mirabaud Patrimoine Vivant’s mission of supporting the development of Euro- pean houses possessing unique know-how, alongside outstanding managers. The investment is in the form of a merger between Monyco and Korloff Paris – a Parisian diamond dealer, of which Mirabaud Patrimoine Vivant has been a shareholder since 2019.