A few days after announcing its acquisition of Ebel’s chronograph caliber 137, Ulysse Nardin announced today it is increasing its investment in the boutique watchmaker and retailer Ochs and Junior. In the case of Ebel, Ulysse Nardin purchased the production and technical drawings and production rights to produce the movement in its own manufacturing facilities, and as part of the deal hired five of Ebel’s watchmakers. In the case of Ochs and Junior, Ulysse Nardin has increased its financial investment in the company by an undisclosed amount.
The companies “are pleased to announce the decision to mutually intensify their commitment and make their partnership official,” is the wording of the press release.
The brands will use each other’s movements in their creations: “At Baselworld 2012, Ulysse Nardin introduced the Marine Chronometer Manufacture equipped with its in-house conceived and developed UN-118 basic caliber. It is expected that Ochs und Junior will use these calibers for its upcoming projects in coordination with the Manufacture Ulysse Nardin,” says the release.