Swatch Group: Universo Ltd. Acquires Energizer’s

Swatch Group Ltd., a Universo Ltd. company of the Swatch Group, and Energizer Ltd., also located in La Chaux-de-Fonds, Switzerland, on August 10, 2011 A contract was signed today to acquire buildings and land at rue Louis-Joseph Chevrolet 43 in La Chaux-de-Fonds. The transfer will be completed on November 1, 2011.
In addition, Swatch Group Ltd. will initially employ approximately 40 former employees of Energizer Ltd.
Energizer will adapt to the needs of the Swatch Group and serve the Group’s continued expansion, for example, as an additional production site for Universo and other Swatch Group manufacturing companies.
Despite the difficult situation of the continued strengthening of the Swiss franc, the Swatch Group will continue its efforts to further strengthen the Swiss workplace or this investment in Canton Neuch√Ętel.
Original source: www.swatchgroup.com