Archive
The Swatch Group Ltd takes over H. Moebius & Sohn
Biel / Bienne (Switzerland), January 10, 2008 – The Swatch Group Ltd takes over H. Moebius & Sohn. The Swatch Group is taking over with immediate effect the business activities of the company H. Moebius & Sohn, owned by Gallian & Cie and headquartered in Allschwil. For decades, Moebius has been supplying the watch industry with…
Participation increased in the chain Xinyu
Participation increased in the chain Xinyu in China The Swatch Group Ltd. informs that it has increased its participation in Xinyu Hengdeli Holdings Ltd. from 7.25% to 8.09%. Xinyu Hengdeli Holdings Ltd. is the largest watch retail chain in China. It is quoted at the Hong Kong stock exchange.
Repurchasing of own shares
Repurchasing of own shares – opening of second trading line on virt-x and on SWX Swiss Exchange as of December 10, 2007. Biel / Bienne (Switzerland), December 7, 2007 – As already announced in the press release on the occasion of the closing of the last repurchase program dated November 9, 2007, the Swatch Group will launch another share…
The Swatch Group and Tiffany announce strategic alliance
Biel / Bienne (Switzerland) and New York, N.Y. (USA), December 2, 2007 – The Swatch Group Ltd. (SWX: UHR.VX / UHRN.VX) and Tiffany & Co. (NYSE: TIF) today announced a strategic alliance to further the development, production and worldwide distribution of TIFFANY & CO. brand watches. Michael J. Kowalski, chairman and chief executive…
MOM Le Prélet acquires index producer Indexor
Les Geneveys-sur-Coffrane (Switzerland), 13 November 2007 – The dial producer MOM Le Prélet acquired with immediate effect 100% of the shares of the watch index manufacturer Indexor SA in La Chaux-de-Fonds (Switzerland) from the owners, Messrs. Franco Crescenzo and D. Thuyet Nguyen. They will continue to hold an important function in the company,…
Closing of the existing share repurchase program
The Swatch Group Ltd: Closing of the existing share repurchase program of CHF 400 million as per November 8, 2007 and announcement of a new share repurchase program. Biel/Bienne, November 9, 2007 – As per November 8, 2007, The Swatch Group Ltd has closed its repurchase program in the amount of CHF 400 million which it started on virt-x on March…