News

Press Release

The Swatch Group Ltd. takes over H. Moebius & Sohn

Biel/Bienne, January 10, 2008

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 products including classic and synthetic oils, lubricants and epilam coatings (surface treatments for watch components). Moebius products are used in mechanical watch movements. The takeover is ensuring that the expertise built up by Moebius is retained and can be built upon in the long term.

The Swatch Group will continue to offer and to supply products to existing Moebius customers via the current distribution partners.


Contacts: Swatch Group Media:
Béatrice Howald, Spokesperson
Tel. +41 32 343 68 33
fax +41 32 343 69 22
E-mail: press@swatchgroup.com

Swatch Group Investors:
Edgar Geiser, CFO Thomas Du"rr, Corporate Treasurer
Tel. +41 32 343 68 11
fax +41 32 343 69 16
E-mail: investor.relations@swatchgroup.com

 

 

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