AUDEMARS PIGUET ACQUIRES A MAJORITY STAKE IN INHOTEC SA
Le Brassus, August 13, 2025 -Audemars Piguet acquires a majority stake in lnhotec SA to preserve and strengthen the Swiss watchmaking industrial ecosystem and its own industrial independence.
Audemars Piguet has announced a majority investment in lnhotec SA, a Swiss company renowned for its excellence in micromechanics and its expertise in precision machining.
lnhotec SA has been a trusted supplier to Audemars Piguet for many years. This investment builds on the longstanding relationship between the two companies and reflects a shared long-term industrial vision while strengthening lnhotec SA’s position within the Swiss watchmaking industrial ecosystem and supporting its longterm development trajectory. It also demonstrates Audemars Piguet’s commitment to preserving and strengthening both the Swiss watchmaking industrial ecosystem and its own long-term industrial independence.
lnhotec SA will continue to operate as an autonomous company under its own name, serving its current and future clients, including all watch brands in its portfolio.
The company’s founder and CEO, Alexandre Erne, will retain a significant minority stake in lnhotec SA, ensuring continuity of operations and alignment with the company’s long-term vision. He will continue to serve as CEO and Chairman of the Board, remaining a key driver of lnhotec’s success.
This partnership marks an important milestone in lnhotec ‘s history. Audemars Pi6ruet ‘s investment is a strong vote of confidence in our team, our expertise, and our long-term potential. By joining forces, we are creating the conditions/or lnhotec to continue innovating and serving the entire watchmaking industry. ”
Alexandre Erne, Founder and CEO of lnhotec
This investment is built on shared values. It is about consolidating strategic key skills and supporting the continuity of an expertise that is essential to the future of Haute Horlogerie, not only for Audemars Piguet, but for the entire industry.
Lucas Raggi, Chief Industrial Officer, Audemars Piguet
PRESERVING AUTONOMY
Audemars Piguet will now provide strategic and financial support to lnhotec SA who retains its operational autonomy. Managerial decisions, industrial activities and commercial relationships will remain fully under the responsibility of lnhotec’s management team.
STRENGTHENING THE SWISS INDUSTRIAL ECOSYSTEM
Audemars Piguet remains committed to fostering the diversity and independence of its partners throughout the supply chain. “This investment ensures the future of a precision expertise that contributes to the excellence of Swiss Haute Horlogerie. We are proud to support lnhotec’s continued success while contributing to the vitality of the ecosystem as a whole,” commented Lucas Raggi, Chief Industrial Officer at Audemars Piguet.
