Swiss Investors Group Take Over Moser Companies

Swiss Investors Group Take Over Moser Companies

Adrienne Faurote
By Adrienne Faurote September 28, 2012

The historic company Moser Schaffhausen AG has been purchased by an anonymous group of Swiss investors, in a bid to secure the independence of subsidiaries including H. Moser & Co. The watchmakers company H. Moser & Co, whose offices in Neuhausen near the Rhine Falls are pictured above, was established by Heinrich Moser in 1828 as a St. Petersburg trading company.

As a result of the purchase of this company, business operations will continue as is, with existing teams kept in place at companies including Precision Engineering AG and the aforementioned H. Moser & Co. In a press release, the board of directors said they were happy to announce that thanks to this new financial basis, the companies of the Moser Group have a promising future. Although officials declined to share names, it was divulged that Moser Schaffhausen AG’s previous majority shareholder has agreed to acquire a minority interest and will no longer play any active role within the company after the purchase.

The Moser Schaffhausen AG-owned H. Moser & Co are known worldwide for their stunning timepieces, including the classic Moser Perpetual 1 (shown below).

Source courtesy Moser Schaffhausen AG press release, available upon request. Photos courtesy H. Moser & Co website.