Zeon Limited, which celebrates its 30th anniversary, has announced the acquisition of Swiss watchmaker Ventura, a technical innovator in the digital watch market. The partnership will see the rebirth of Ventura timepieces for Spring 2010.
Zeon Limited will relaunch Ventura timepieces with Mr Pierre Nobs, who founded the company in 1990 and was responsible for introducing a totally new generation of Swiss-made luxury digital watches to the world market including iconic inventions such as the SPARC fx and the V-Tec Sigma.
Zeon Limited is the largest manufacturer and distributor of watches and clocks in the UK, with over 19 brands to its portfolio, comprising Ingersoll in the prestige segment, and watch collections from Braun, Superdry and Bench. The strategic acquisition of Ventura reflects Zeon’s significant position in the growing watch sector, as the company enters a new phase of international growth.
Commenting on the acquisition, Richard Tibber, Managing Director of Zeon Limited in London, said: “We are excited to have acquired this prestigious Swiss brand whose designs and technical innovations have a huge following amongst watch aficionados.”
Pierre Nobs, founder of Ventura, adds: “The foundation of the reestablishment of the Ventura company backed with the resources of Zeon and the Herald Group will allow us to continue the heritage of the Ventura brand and to develop new and exciting designs for the future.”
Zeon Limited, a wholly owned subsidiary of the Herald Group, a Public Corporation quoted on the Hong Kong Stock Exchange, is the largest manufacturer and distributor of watches and clocks in the UK, and a major force in the international market. The company, which was founded in London by Richard Tibber in 1979, has become a leader in the watch and clock industry through offering its expertise in innovative design, manufacturing and distribution worldwide. Zeon Ltd was one of the UK’s first companies to become involved with the licensing of famous brand names for watches and clocks.
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