Several Swiss papers just published the news that Citizen Watch of Japan has acquired La Chaux-de-Fonds based Prothor, owner of movement specialist La Joux-Perret (formerly Jaquet), component maker Prototec as well as the brand Arnold & Son. Interesting news!
- SJX
A lot of brands use La Joux-Perret, which is best known for their work with the Valjoux 7750 (flyback, rattrapante, tourbillon etc).
I wonder if this will work though. Seiko bought high-end Swiss brand Jean Lassale in the 80s when ultra-slim watches were all the rage and that didn't go anywhere. But maybe times have changed.
- SJX
But yes, the main point was definitely LJP. Still the main point of the difficulty of managing a company in a very insular industry, from halfway across the world remains.
- SJX
This message has been edited by SJX on 2012-03-06 18:28:14
Interesting news, indeed. Looking forward to the development!
Ken