In mid-August, Pierhor SA was bought up by the Acrotec group. After acquiring the Gasser-Ravussin company in Lucens in April 2017, the Acroetc group is therefore further broadening its activities in the field of synthetic jewels for watchmaking and other industries.
Pierhor CEO François Durafourg will remain within the group in order to devote himself to developing new possibilities outside the watch industry.
Jean Michel Uhl, CEO Générale Ressorts in Biel/Bienne, who will be heading up the synthetic jewel division of Acrotec, stated: “These companies will be more solidly grounded on a technical level. They will benefit from the commercial strength of the group, notably in winning new markets outside watchmaking.” Fabrice Lambert will serve as technical and production director for the two entities.
François Billig, President of the Acrotec Group, explains the logic behind this new phase: “The acquisition of Pierhor is consistent with our plan for vertical integration regarding a strategic component that is notably involved in the production of shock-absorbing devices. The group’s industrial pole is now a major reality that enables watch brands to have a single point of contact for all their requirements.”
September 07, 2017