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Title: Evgen Kolotilin acquired the watch Brand DUVE

Geneva, Switzerland, 18th May 2026 - Investor Evgen Kolotilin has announced the successful acquisition of DUVE for €12 million. Since its inception in 2008, the brand has cultivated a legacy of expertise in the premium watch personalization niche, fostering a dedicated community of collectors and a profound understanding of the high-end market.Kolotilin views this acquisition as a strategic investment in an asset with significant growth potential, driven by the increasing global demand for bespoke, one-of-a-kind luxury items. The synergy of resources and expertise is expected to scale DUVE’s business model and unlock new strategic directions that were previously beyond the company's operational focus. The next phase of the company’s evolution involves expanding its footprint beyond the European market. While maintaining its core European quality standards, DUVE is set to enter the rapidly evolving markets of the Middle East, positioning itself to meet the region's growing appetite for luxury customization.The acquisition also enables the direct integration of the investor’s specialized resources into the brand’s workflow. Precious stones, rare materials, and proprietary protective coatings will now be incorporated into DUVE’s designs. This vertical integration is designed to streamline the production of complex, bespoke orders while enhancing the overall profitability of the business."We see immense potential in the DUVE brand. Personalization has become a primary driver in the modern luxury industry," stated Evgen Kolotilin. “Our strategy is focused on scaling the brand internationally while strictly upholding the technological standards and exclusivity that define its identity.”About DUVEDUVE is an international atelier specializing in the personalization of prem...

This press release is issued by King Newswire