BOVET joins elite group of Swiss Haute Horlogerie manufacturers
24 Aug '06
3 min read
After getting back to its roots on February 6, 2006, with the acquisition of the 'Château de Môtiers' in the Val-de-Travers, Pascal Raffy has accelerated the plan of development for BOVET even further by acquiring three manufacturing structures.
He thus ensures the Maison BOVET their future supply and full autonomy in terms of manufactured movements, which cater to the highest criteria.
With this acquisition, BOVET joins the elite group of Swiss Haute Horlogerie manufacturers. Few watch companies can say that they have reached their objectives in such a short period of time.
The companies of STT holding acquired by BOVET are regrouping more than 60 highly skilled employees and the 2000 sq. meters of workshops in Tramelan, in the heart of Jura Bernois region, bring with them the essential know-how of quality workmanship in the manufacturing of haute horlogerie movements.
In addition, consequent investments, planned as of now, will allow the guarantee of supply in terms of quality and quantity of exceptional movements.
The acquired manufacturing structures include: STT Complications SA (ex Progress Watch, production and developments of tourbillons), STT Mechanical Movements SA (calibres), STT SPIR-IT (spirals) that will move from Bienne to Tramelan end of 2006, as well as Aigat (stamping) and STT Watch U Licence (brevets).
All the companies are gathered under the same banner and roof in Tramelan with the new appellation; DIMIER 1738, a name belonging to the BOVET patrimony.