Fossil Acquires Latin America Distribution

Richardson, TX—Fossil said Thursday that it acquired the distribution business for Latin America from its largest third-party distributor, Bentrani Watches, LLC. Terms of the sale were undisclosed.

Based in Miami, Fla., Bentrani, has been Fossil’s distributor for 10 years and distributes certain of the company’s proprietary and licensed brand products in 16 Latin American countries, including Chile,Argentina, Panama, Colombia, Venezuela and Uruguay.

“We have had a remarkable partnership with the Bentrani team,” said Kosta Kartsotis, Fossil’s ceo. “Latin America is one of the company’s fastest growing regions in the world and we feel honored Bentrani is joining the Fossil team to guide that growth.”

 

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