Swatch Group acquires dial producer Rubattel & Weyermann

The Swatch Group Ltd. acquired on April 23rd 100% of the shares of the watch dial manufacturer Rubattel & Weyermann in La Chaux-de-Fonds (Switzerland) from the owner, Mr. Michel Theurillat. Mr. Theurillat will remain head of the profitable company which employs some 80 persons, thus ensuring the supply to all their present clients of the upper price segment within and outside the Swatch Group.
The considerable know-how that Rubattel & Weyermann, founded in 1890, acquired during more than a century in the manufacturing of prestigious watch dials will adequately complement the upper segment of the Swatch Group production sector.

Source: Swatch Group press release
April 2002