Birks group completes the acquisition of the watch and jewellery business of european boutique and related debt financing amendments

Montreal--(business wire)--birks group inc. (the “company”, “birks group” or “we”) (nyse american llc: bgi) is pleased to announce that, further to its june 9, 2025 announcement, it has completed the acquisition (the “acquisition”) of the luxury watch and jewellery business of european boutique (“european”) from its founders, the sutkiewicz family, for a purchase price of $9,000,000, subject to customary adjustments. headquartered in toronto, european operates stores at the yorkdale, square one.
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