Bahrain-based financial company Investcorp acquires Breguet. With a view to expanding its production facilities, in 1991 it acquired Nouvelle Lémania, a watch manufacturer specialising in top-of-the-range movements and complications, and Valdar, a manufacturer of components. Together with Breguet, they formed a small watchmaking group. Nouvelle Lémania gradually became the Breguet Manufacture as it supplied more and more finished movements to Breguet.