Favre-Leuba
Encyclopedia
Favre-Leuba is a Swiss manufacturer of wristwatches based in Le Locle
, Switzerland
. It was one of the very first watchmaking companies in Switzerland.
in the Val-de-Travers
. The business remained in the same family over eight generations, through to 1969. Then the quartz revolution came along, bringing many changes for the industry.
Favre-Leuba, one of the largest companies of its time, passed through different hands such as Benedom SA and LVMH before finally regaining its independence in 2003.On November 16 2011, Titan Industries
acquired Favre Leuba for Euro 2 million.
Le Locle
Le Locle is a municipality in the district of Le Locle in the canton of Neuchâtel in Switzerland.It is situated in the Jura mountains, a few kilometers from the city of La Chaux-de-Fonds....
, Switzerland
Switzerland
Switzerland name of one of the Swiss cantons. ; ; ; or ), in its full name the Swiss Confederation , is a federal republic consisting of 26 cantons, with Bern as the seat of the federal authorities. The country is situated in Western Europe,Or Central Europe depending on the definition....
. It was one of the very first watchmaking companies in Switzerland.
History
History of Favre-Leuba begins in 1718, when watch enthusiast Abraham Favre decided to become a watchmaker. His profession was soon recognized, and his manufactory was officially registered in 1737. The company was passed down through eight generations of Favre family. In 1814, Abraham Favre's grandson Henry-Auguste went into partnership with Auguste Leuba, a watch dealer from ButtesButtes
Buttes was a municipality in the district of Val-de-Travers in the canton of Neuchâtel in Switzerland. On 1 January 2009, the former municipalities of Boveresse, Buttes, Couvet, Fleurier, Les Bayards, Môtiers, Noiraigue, Saint-Sulpice and Travers merged to form Val-de-Travers....
in the Val-de-Travers
Val-de-Travers
Val-de-Travers is a municipality in the district of Val-de-Travers in the canton of Neuchâtel in Switzerland. It was created on 1 January 2009, when the former municipalities of Boveresse, Buttes, Couvet, Fleurier, Les Bayards, Môtiers, Noiraigue, Saint-Sulpice and Travers merged to form...
. The business remained in the same family over eight generations, through to 1969. Then the quartz revolution came along, bringing many changes for the industry.
Favre-Leuba, one of the largest companies of its time, passed through different hands such as Benedom SA and LVMH before finally regaining its independence in 2003.On November 16 2011, Titan Industries
Titan Industries
Titan Industries is the world's fifth largest wrist watch manufacturer and India's leading producer of watches under the Titan, Fastrack, Sonata, Nebula, RAGA, Regalia, Octane & Xylys brand names. It is a joint venture between the Tata Group, and the Tamil Nadu Industrial Development Corporation...
acquired Favre Leuba for Euro 2 million.