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Rodolphe Cattin leaves Franck Muller group

October 14, 2009
Rodolphe Cattin is parting ways with the Franck Muller group but will remain a minority shareholder in the companies that carry his name.

New York--Rodolphe Cattin, founder of the Rodolphe Montres and Bijoux watch company and the Rodolphe and Co. design studio--two entities owned by the Franck Muller group--has announced he will be quitting all operational activities within the group come the end of October.

Cattin, however, will remain a minority shareholder in both Rodolphe Montres and Bijoux and Rodolphe and Co.

A press release issued by Cattin pointed to what he described as a "series of disappointments" endured over the last half of the four-year time period since the Franck Muller group acquired a majority share of Cattin's companies.

"It is with a mixture of sadness and relief that I am leaving the group with which we became associated four years ago, because I no longer sense that the group has any wish to develop the brand bearing my name," Cattin said in a media release. "The same is indeed true of all the other 'small' brands within the Franck Muller group."

Franck Muller did not respond to requests for comment.
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