The owners of the Swiss watch manufacturer Mondaine Watch Ltd, Ronnie and Andre Bernheim have reached an agreement with Barry Cohen to purchase his shares in Luminox, including its American distribution company. The brothers first bought a fifty percent share of the business from Cohen's former partner in 2006 and now own the Luminox companies and brand in their entirety. Luminox are manufactured at the Mondaine factory in Solothurn, Switzerland.
Cohen, who created Luminox in 1989, says: "I founded Luminox in order to introduce self-powered illuminated watches to consumers. I take great pride in having achieved something rarely accomplished, producing truly innovative Swiss-made watches which are globally distributed and recognized as the best in class. I wish both Andre and Ronnie great success in taking Luminox forward."
Ronnie Bernheim comments: "At this point and time we thank Barry sincerely for all his commitment, passion and involvement with the brand and wish him all the best in his life outside of the Luminox world."
Thanks.