Archive
Capital reduction – Repurchase programs 2007 / 2008
Capital reduction in relation to the completed share repurchase program 2007 and parts of the current repurchase program 2008 – Notice to the Disclosure Office of the SWX in accordance to Article 9 in conjunction with Article 17 of the SESTO-SFBC. Biel / Bienne (Switzerland), August 21, 2008 – With the cancellation of 4’055’000 registered shares…
Grand Opening of Omega Pavilion in Beijing
Beijing (China), August 5, 2008 – The Opening Ceremony of the Games of the XXIX Olympiad in Beijing is still a few days away from opening on August 8, 2008 but Swiss watchmaker Omega got off to a rousing start with their own special event, the Grand Opening of the Omega Pavilion on the Olympic Green, on August 4. The ceremony was attended by…
The Swatch Group Ltd acquires strategic stake in UAE-based Rivoli Group
Investment is in line with Swatch Group’s strategy of further increasing exposure to high growth markets and underlines Swatch Group’s commitment to the region. Dubai International Capital, to continue to be largest shareholder in Rivoli Group and welcomes Swatch Group as strategic partner to drive Rivoli’s continued growth. Biel / Bienne (…
Sale of Michel AG and acquisition of the watch component division of Burri SA
Biel/Bienne, 11 July 2008 – The Swatch Group Ltd. is selling its company Michel Präzisionstechnik AG in Grenchen, active in the sector of automotive components, to Ferton Holding SA in Delémont. In return The Swatch Group Ltd. is acquiring for part of the purchasing sum, the watch components division of Burri SA. Burri SA, a company of Ferton…
Omega Official Timekeeper for the 23rd time – Let the Games begin!
Biel / Bienne (Switzerland) and Beijing (China), July 9, 2008 – From August 8 to 24, more than 10,500 world class athletes will be fighting for medals, glory and honour. Participants from 205 nations will be competing in 28 sports. Sweat will flow, tears will be shed, great victories will be celebrated, losers will be consoled and records…
Blancpain SA and Vincent Calabrese, a love story
Paudex / Le Brassus, 23 June 2008 – Blancpain SA, a company of The Swatch Group Ltd., is announcing that it acquired the company Vica Sàrl and, with this acquisition, the Vincent Calabrese brand. Mr. Vincent Calabrese, who created the first of his famous watches, the Golden Bridge, in 1997, also co-founded the AHCI Horological Academy of…