News The Geneva-based company Patek Philippe has acquired all the shares of Calame & Cie SA, based in La Chaux-de-Fonds. Mr. Marcel Calame has resigned from the various offices he held in the company and has been replaced as Chairman of the Board of Directors by Mr. Philippe Stern, Chairman of Patek Philippe.
Calame & Cie, founded in 1979, is famous as a maker of top-of-the-range watch cases. The company will continue to be managed as a separate entity from Patek Philippe, but will work in close liaison with the clothing sector of the Geneva company.
With its exceptional know-how and a portfolio of more than 70 patents, Patek Philippe is the only company whose entire manufacturing output complies with the rigorous standards of the Geneva Quality-Mark. It has about 800 employees in Geneva, including 180 qualified watchmakers, and has been completely independent since its foundation in 1839.
May 08, 2001