Luxury watch platform Groupe Chaumont launches with acquisition of two Swiss watchmaking startups
Private equity operator Vam Investments has acquired two Swiss watchmaking startups and two established companies to launch a new industrial platform, Groupe Chaumont, focused on producing high-end watch components.
A new industrial platform for luxury watches, Groupe Chaumont, has been established in Neuchâtel, Switzerland. The launch follows the acquisition of two Swiss watchmaking startups—Efteor and Télôs Watch—alongside established companies Le Composant and Henri Robert by private equity operator Vam Investments.
Headquartered in Neuchâtel, Groupe Chaumont will specialize in producing movements, cases, tools, and components for high-end Swiss watches. The move combines the innovation of startups with the expertise of proven manufacturers to strengthen the supply chain of the Swiss watch industry.
This transaction marks the official start of Groupe Chaumont, which aims to become a significant player in the high-end watch component market. The exact acquisition price has not been disclosed, but it is emphasized that the consolidation will help meet growing demand for quality parts among luxury watchmakers.
