{"id":37395,"date":"2025-11-12T10:10:08","date_gmt":"2025-11-12T09:10:08","guid":{"rendered":"https:\/\/swiss-watch-passport.ch\/lvmh-entre-au-capital-du-motoriste-la-joux-perret-10h10-l-horloger-suisse\/"},"modified":"2025-11-12T23:15:21","modified_gmt":"2025-11-12T22:15:21","slug":"lvmh-acquires-stake-in-watch-movement-manufacturer-la-joux-perret-10h10","status":"publish","type":"post","link":"https:\/\/swiss-watch-passport.ch\/en\/lvmh-acquires-stake-in-watch-movement-manufacturer-la-joux-perret-10h10\/","title":{"rendered":"LVMH acquires stake in watch movement manufacturer La Joux-Perret"},"content":{"rendered":"

Alongside this minority shareholding in the capital of the renowned La Chaux-de-Fonds-based movement manufacturer, a strategic commercial agreement has been signed to offer new production and innovation capabilities to all LVMH group watchmakers.<\/strong><\/p>\n

A Shaniah Asha Gibson’s selection \/ @TRP, Cabinet <\/em>d\u2019\u00e9critures et d\u2019influence<\/i>
\nInsta<\/a>\u00a0|\u00a0Linkedin<\/a>\u00a0|\u00a0Facebook<\/a>\u00a0|\u00a0Insta JSH<\/a>\u00a0|\u00a0Insta SWP<\/a>\u00a0|\u00a0S\u2019abonner \u00e0 JSH<\/a><\/em><\/p>\n<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>

Read the interview with CEO Jean-Claude Eggen in the JSH at EPHJ 2023<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/section>

The LVMH Group’s Maisons have successfully collaborated with La Joux-Perret over the last few years. Since 2022, TAG Heuer has been working closely with the manufacturer on the development of a solar quartz movement, illustrating the expertise of “Swiss Made.” This innovation, which now features in its Aquaracer and TAG Heuer Formula 1 collections, has met with great success and illustrates the quality and momentum of the relationship between two partners committed to watchmaking excellence. The partnership also extends to the development of a movement that now powers the Rope<\/em> watch by Tiffany&Co and it will continue to develop with other Maisons of the LVMH group.<\/p>\n<\/div><\/div>

<\/div>
\"\"<\/div>
In the Journal Suisse d'Horlogerie JSH, EPHJ 2023 edition, the CEO of La Joux-Perret answered the question \u201cDoes quartz still have a future?\u201d with \u201cOf course. In fact, we are working on bringing some stunning and unprecedented complications to market!\u201d Front picture of the Quartz workshop in La Chaux-de-Fonds, part of the Citizen Group's motor manufacturer, which has just welcomed a minority stake from LVMH Watch Divisions.<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>

The acquisition of a minority stake by the Group’s Watches Division, which brings together Hublot, TAG Heuer, and Zenith Maisons, in La Joux-Perret and the consolidation of their commercial partnership are part of a long-term plan to strengthen strategic ties with exceptional industrial partners and support the Group’s investments in Switzerland, at the heart of the watchmaking industry, where LVMH currently has 16 manufactures.<\/p>\n

La Joux-Perret will continue to provide its unique expertise and customer service to its current and future clients, while remaining fully independent. Citizen Group, owner of La Joux-Perret as well as several watch brands, will also continue to operate the brands in its portfolio independently.<\/p>\n<\/div><\/div>

<\/div>
La Joux-Perret (Official)<\/span><\/a><\/div><\/div><\/div><\/div>
\"\"<\/div>
Jean-Claude Eggen \/ Location: La Chaux-de-Fonds - Neuch\u00e2tel - Switzerland \/ Rights of use exclusively for LA MANUFACTURE JOUX-PERRET, ANGELUS & ARNOLD & SON<\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/div><\/section>

Jean-Christophe Babin, CEO of LVMH Watches Division<\/strong><\/p>\n

“We are pleased to strengthen our ties with La Joux-Perret. Their technical mastery, industrial excellence, and deep roots in the Swiss watchmaking landscape make it an ideal partner for our watchmaking Maisons. Together, we aim to lead the way in sustainable high-precision watch movements, leveraging our unmatched expertise in solar energy.\u201d<\/em><\/p>\n<\/div><\/div>

Yoshitaka Oji, President & CEO of Citizen Watch Group<\/strong><\/p>\n

\u201cWe are delighted to welcome LVMH to the capital of La Joux-Perret and to celebrate the reinforcement of their commercial relationship. This strategic alliance with a key partner confirms the recognition of its expertise and opens new long-term development prospects. With this solidified partnership, La Joux-Perret will supply movements with outstanding performance and, together with the LVMH Group, contributes to the development of the Swiss watch industry.\u201d<\/em><\/p>\n<\/div><\/div><\/div><\/div><\/div>

\"\"<\/div>
Jean-Christophe Babin, President of LVMH's Watch Division. Image source @RTS-ScreenCapture-TJ-7:30 p.m.-September-2024<\/div><\/div><\/div>
<\/div>
LVMH Watch Division<\/span><\/a><\/div><\/div><\/div><\/div><\/div><\/div><\/section>