News At the beginning of October, Richemont acquired all the capital in the companies Varin-Etampage and Varinor (VV SA), which have a combined workforce of 250 employees. The takeover will strengthen the group’s industrial capacity but will have no impact on profitability in its current financial year.
Varin-Etampage, a specialist in the manufacture of high-end cold-deformed components for watchmaking, medical, dental and mobile phone applications, and Varinor, its sister company, specialising in the manufacture of precious metal semi-finished products, are based in Delémont. Both companies are longstanding partners of the Richemont group and will keep their existing management.
October 30, 2012