Tourneau and Bucherer

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About 10 years ago I was given a Navitimer as a going away present by a group. They purchased the watch at a Tourneau storefront in Houston (which has since closed). For a couple years I returned to that location to avail myself of their watch cleaning service. Therefore I ended up on their email list. Yesterday I received an email survey from Tourneau so I decided to take it. Deep into the survey it began to talk about branding and brought up signage with Tourneau and Bucherer.

From what I can gather it seems that some sort of merger is about to happen between the two. I’m not sure if Tourneau is buying Bucherer or the reverse.