{"id":143305,"date":"2024-10-17T12:21:25","date_gmt":"2024-10-17T12:21:25","guid":{"rendered":"https:\/\/www.parisselectbook.com\/2024\/10\/17\/hermes-may-acquire-swiss-haute-horlogerie-workshops\/"},"modified":"2024-10-17T13:32:10","modified_gmt":"2024-10-17T13:32:10","slug":"hermes-may-acquire-swiss-haute-horlogerie-workshops","status":"publish","type":"post","link":"https:\/\/www.parisselectbook.com\/en\/2024\/10\/17\/hermes-may-acquire-swiss-haute-horlogerie-workshops\/","title":{"rendered":"Herm\u00e8s may acquire Swiss Haute Horlogerie workshops"},"content":{"rendered":"\n

Herm\u00e8s, the French luxury goods group, could soon be taking a bold step into the world of watchmaking. According to information from BFM Business, it is the favorite to acquire the watchmaking division of the Sandoz family foundation. What a way to shake up the watchmaking world! <\/strong><\/p>\n\n

This consortium of workshops currently supplies prestigious brands such as Patek Philippe, Richard Mille and Tag Heuer. The sale of this division, which includes renowned companies such as Vaucher, Atokalpa and Elwin, was announced last February. <\/p>\n\n

A bold strategy to strengthen market presence<\/strong><\/h2>\n\n

The acquisition of Herm\u00e8s could shake up the watchmaking landscape. Although LVMH has also expressed an interest in the deal. But sources close to the matter indicate that Herm\u00e8s is perceived as a more reassuring candidate. Since 2006, Herm\u00e8s has already owned 25% of Vaucher, one of the workshops in this watchmaking division. This reinforces its legitimacy in this sector. <\/p>\n\n

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A publication shared by Herm\u00e8s (@hermes)<\/a><\/p><\/div><\/blockquote>\n