Audemars Piguet acquires a majority stake in supplier

Inhotec is known for its expertise in micromechanics and precision machining and has been producing components and movements for exclusive Haute Horlogerie movements since 2011. The Le Brassus-based manufacturer cites the goal of the majority acquisition as strengthening Inhotec's position within the Swiss watchmaking ecosystem and maintaining its independence.

Inhotec SA has been a reliable supplier to Audemars Piguet for many years. Despite AP's majority stake, the company will continue to operate independently and serve existing and future customers as usual.

AP will provide strategic and financial support to Inhotec, while maintaining the company's operational autonomy. This means that management decisions, industrial activities, and business relationships will remain entirely under the leadership of Inhotac's management team.

The company's founder and CEO, Alexandre Eme, will also retain a significant minority stake, ensuring business continuity and alignment with the long-term vision. He will also remain CEO and a member of the Board of Directors.

"This partnership marks an important milestone in Inhotec's history. Audemars Piguet's investment is a strong vote of confidence in our team, our expertise, and our long-term potential. By joining forces, we are laying the groundwork for Inhotec to continue driving innovation and serving the entire watch industry," emphasizes Alexandre Eme.

Lucas Raggi, Chief Industrial Officer at AP, adds: "This investment is based on shared values. It's about consolidating key strategic competencies and ensuring the continuity of an expertise that is crucial to the future of Haute Horlogerie—not just for Audemars Piguet, but for the entire industry."