Archive
Share Repurchase Program / Reduction of Capital
Repurchasing of own shares to reduce its share capital – Second trading line on virt-x commencing September 24, 2001.
The IOC and Swatch Group Ltd sign long term partnership
The Swatch Group Ltd. will be the Official Timekeeper and Results Service Partner for the Games of the XXVIII Olympiad in Athens in 2004, the XX Olympic Winter Games in Turin in 2006, as well as the 2008 Olympic Games and 2010 Olympic Winter Games. Following its success at the Atlanta and at the Sydney Olympic Games, the IOC selected The Swatch…
Anti-Trust Commission approves the acquisition of Glashütter Uhrenbetrieb GmbH
Biel / Bienne (Switzerland), November 7, 2000 - The Federal Anti-Trust Commission of Germany in Bonn approved the acquisition of the Glashütter Uhrenbetrieb GmbH, the most authentic watch manufacture of Germany, by the Swatch Group Ltd. in Biel/Bienne (Switzerland). The new factory plans for Glashütte can now be worked out and discussed with the…
Acquisition of Glashütter Uhrenbetrieb GmbH
Biel / Bienne (Switzerland), October 9, 2000 – The shareholders and the management of Glashütter Uhrenbetrieb GmbH and the Swatch Group Ltd. agreed that the Swatch Group Ltd. acquires with immediate effect all the shares of the German watch manufacture Glashütter Uhrenbetrieb, Glashütte (near Dresden, Germany). The Glashütter Uhrenbetrieb…
Nivarox-FAR: Cary Activities sold to Brown & Sharpe Tesa SA
Le Locle (Switzerland), September 27, 2000 – Nivarox-FAR, a company of the Swatch Group of Switzerland, in Le Locle (Switzerland) has sold its metrology sector known under the CARY brand (gauge-blocks, plug and ring gauges, metrology equipments and calibration lab) to Brown & Sharpe Tesa SA in Renens (Switzerland), an affiliate of Brown &…
Acquisition of Montres Jaquet-Droz
Biel / Bienne (Switzerland), April 25, 2000 – The Swatch Group Ltd acquired the shares of Montres Jaquet-Droz SA, La Conversion VD (Switzerland), so far owned by Cupola Venture Partners 1 Ltd., Cayman Islands, and private Swiss minority shareholders. Montres Jaquet-Droz SA are active in the luxury segment. Their products are sold mainly on the…