There were rumors for a long time, now it has been confirmed: Chronoswiss in Munich has been sold. The world economic crisis and a costly new building, made the company coming into troubled wagters and did not recover according to industry insiders today. According to insiders the brand has been bought by a family of entrepreneurs from Switzerland.
It is most likely that the brand will (completely) move to CH. Not clear what will happen to the employees and the premises in Karlsfeld.