Watchmaking: Audemars Piguet acquires a majority stake in Inhotec, Swiss specialist in precision components

On Wednesday, August 13, Audemars Piguet announced that it had acquired a majority stake in Inhotec SA. This Swiss specialist in micromechanics and precision machining is also a long-standing supplier to the watchmaker.

 

With this majority stake in its loyal supplier Inhotec SA, luxury watchmaker Audemars Piguet is now pursuing a strategy of vertical integration.

 

This strategic move comes at a time when the watchmaking sector is facing a slowdown in global demand and new international trade pressures.

 

Acquisition of a subcontractor

 

Audemars Piguet “will now provide strategic and financial support” to Inhotec SA, as stated in the press release. A company specializing in the manufacture of watch components for high-end watches and raw watches, it has been a trusted partner of the Le Brassus-based company for many years.

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Victor Gosselin
Victor Gosselin is a journalist specializing in luxury, HR, tech, retail, and editorial consulting. A graduate of EIML Paris, he has been working in the luxury industry for 13 years. Fond of fashion, Asia, history, and long format, this ex-Welcome To The Jungle and Time To Disrupt likes to analyze the news from a sociological and cultural angle.

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