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Bucherer Montres S.A. acquires Horlogères Appliquées S.A.

July 2007


A step towards the manufacturing world: Bucherer Montres S.A., producer of the Carl F. Bucherer watches has taken over Techniques Horlogères Appliquées S.A.

The independent watch brand Carl F. Bucherer, based in Lucerne, is continuing with its expansion strategy. After entering the Japanese market in early 2007, with the opening of a wholly owned subsidiary, Carl F. Bucherer is strengthening its position on the high-end watchmaking market with the acquisition of Techniques Horlogères Appliquées S.A.

Having worked successfully with THA for over ten years, Bucherer Montres S.A. is now seeking to tap existing synergies and become more involved in the technical aspects, hence the strategic decision to acquire the company. This new development fits with Carl F. Bucherer’s brand vision as a manufacture.

Bucherer Montres S.A. will rely on two complementary production facilities in the future: Lengnau with its assembly unit and Ste Croix with its development, technical research and movement production unit. The two units will continue to be run independently under their current structure and will collaborate closely.

“With the acquisition of Technique Horlogères Appliquées S.A., we are pleased to welcome aboard the company’s management and its team of watchmaking professionals. It is a great step for the Carl F. Bucherer brand, leading to a crystallization of our vision,” stated Thomas Morf, CEO of Bucherer Montres S.A.

About Carl F. Bucherer
Carl F. Bucherer, registered as Bucherer Montres S.A., is an independent company with 88 years’ competence in the manufacture of high value watches. The brand stands for uncompromising quality and aesthetic products with an assured design style. It combines the finest watchmaking craftsmanship and the highest jeweller competence. The choice of name takes into account the pioneering achievements of the company’s founder, Carl Friedrich Bucherer.
As the only watch brand of Central Switzerland, Carl F. Bucherer produces and distributes exclusive ladies and gents watches. The group is today headed up by sole owner and Chairman Jörg G. Bucherer. In only six years after the new positioning of the brand in 2001, the Carl F. Bucherer team, under the leadership of CEO Thomas Morf, has succeeded in building up an exceptional distribution network and bringing the brand to a level of international renown.


Source: Carl F. Bucherer

www.carl-f-bucherer.com

Contact: [email protected]
(Please credit europastar.com)