The Dunhill Holding Company, which had bought a major stake of Montblanc in the eighties, was acquired by the Vendôme Luxury Group S.A. in Luxembourg and combined all luxury good companies.

It would later become the Richemont Group, the second largest luxury group in the world, including Cartier, Van Cleef & Arpels, Vacheron Constantin, Jaeger-LeCoultre and IWC amongst others.