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Chronoswiss Sold to Swiss Investor

  1. Ivan1998 Mar 13, 2012

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    Munich-based watchmaker Chronoswiss has been sold to Swiss entrepreneur Oliver Ebstein, 37, and his wife Eva Maria. The Lucerne-based owners are new to the watch industry, and they have said that Chronoswiss will be owned by them privately, rather than through their investment company Meru AG.

    “Chronoswiss is to be retained as an independent family. It is our great pleasure to introduce ourselves here to get involved in the long term, and sooner or later to direct the company itself. We want to continue the tradition of using high-quality mechanical watch components. Therefore, we look forward to working together with all employees on the success of Chronoswiss,” said Oliver Ebstein.

    Former Chronoswiss managing director Pete Josef Burgmayer remains on board, though Sigrun Schilling-Heinen will not continue with the firm. Gerd-Rüdiger Lang is also expected to remain involved. Lang said, “I think the new arrangement is very good and I would love to be involved with Chronoswiss in the future and provide horological expertise based on my extensive experience.”

    It will be interesting to see what a Swiss-run Chronoswiss will create for the wrist in the coming years.

    Chronoswiss founder Gerd-Rüdiger Lang

    [​IMG]
     
  2. The GMT Master Chris @ ΩF Mar 14, 2012

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    Yes, I had heard this too. Used to deal with Chronoswiss, did some very nice pieces, but not well known enough to sell well. Some serious reliability issues too, especially with more complicated pieces
     
  3. a1watch Mar 14, 2012

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    At least it is still Swiss, unlike other Swiss companys sold to the Chinese.
     
  4. dsio Ash @ ΩF Staff Member Mar 14, 2012

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    True that!
     
  5. ulackfocus Mar 14, 2012

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    They have some great looking dials. The 3 hand Kairos with the date at 6 looks like a less expensive Breguet.
     
  6. a1watch Mar 14, 2012

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    what u think about this one ...omg[​IMG]
     
  7. ulackfocus Mar 14, 2012

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    It's a MB&F "research" project. :taunt:
     
  8. Steve Mar 14, 2012

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    Really nice...especially when the sharp stainless steel edge cuts into the back of your hand !.::screwloose::
     
  9. GoDuke1 Mar 14, 2012

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    Seems everyone is selling out in the watch business...WTF now Chronoswiss
     
    dsio likes this.
  10. dsio Ash @ ΩF Staff Member Mar 14, 2012

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    Indeed lol
     
  11. ulackfocus Mar 14, 2012

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    Ivan1998, dsio and Steve like this.
  12. Steve Mar 14, 2012

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    What the hell... LOL. (just clocked you 100 likes) ;)
     
  13. dsio Ash @ ΩF Staff Member Mar 14, 2012

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    101 now
     
  14. ulackfocus Mar 14, 2012

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    Shit, I forgot we could "like" posts here. :oops: I hope you guys don't think I'm being rude.
     
    Trev likes this.
  15. dsio Ash @ ΩF Staff Member Mar 14, 2012

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    No more so than usual lol
     
  16. Steve Mar 15, 2012

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    You owe me !!..:D