Chronoswiss sold >>>>>>>>>>>>

Thread: Chronoswiss sold >>>>>>>>>>>>

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  1. #1
    Moderator at Large stuffler,mike's Avatar
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    Chronoswiss sold >>>>>>>>>>>>

    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.
    Kind regards
    Mike


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  2. #2
    Member JohnF's Avatar
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    Yikes!

    Sent from my Acer Iconia using TapaTalk...
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  3. #3
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    Re: Chronoswiss sold >>>>>>>>>>>>

    It just might lose that little nitch it had in the market.

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  5. #4
    Member Watchyman's Avatar
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    Re: Chronoswiss sold >>>>>>>>>>>>

    Never a fan of the humongous onion crown on some of their watches, but i respected them.
    It could be for the better though...
    "I AM WATCHYMAN, AND I APPROVE THIS MESSAGE"

  6. #5
    Member igorRIJEKA's Avatar
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    Re: Chronoswiss sold >>>>>>>>>>>>

    Too bad

    As people say...Sh** happens when you party naked

    igorfiume

  7. #6
    Moderator at Large stuffler,mike's Avatar
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    Re: Chronoswiss sold >>>>>>>>>>>>

    Press release

    Announcement: Change in Ownership at Chronoswiss

    Big news at Chronoswiss: Mr. Lang and family and an entrepreneurial family from Switzerland have found an agreement on the 100 % acquisition of the current business of Chronoswiss Watches GmbH.

    The Swiss family intends to continue the legacy and heritage of 69-year-old Gerd-Rüdiger Lang, founder of Chronoswiss. Due to their extensive management experience both in operating companies and in the financial world, the new owners bring along perfectly complementary skills to the profound horology- and technical know-how of the existing Chronoswiss team.
    Hand in hand with the well-proven and highly motivated team at Karlsfeld, the Swiss owners strive for dynamic and strong growth and a profitable base for the years to come.

    With this important step, the future and continuity of the brand Chronoswiss are finally secured after the difficult past few years. The company´s location at Karlsfeld/Munich will remain unaffected and will be taken over with all its staff. The new headquarters will be based in Switzerland, which means that Chronoswiss is finally coming home – back to the roots and origin of its brand name.

    The entrepreneurial family feels most committed to the Chronoswiss history and will keep on manufacturing mechanical watches according to Swiss standards of quality. Endowed with fresh capital, strong new business capabilities and high motivation, the team is now able to continue its work in the grand tradition of Chronoswiss watchmaking
    .
    Currently, the necessary legal steps are still in the process of being implemented; we will update you as soon as everything is finalized.
    Kind regards
    Mike


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