A. Reymond: Difference between revisions
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==Ebauches SA== | ==Ebauches SA== | ||
On May 28, 1928, Bank Director Jacques Bosshart joined the board, | On May 28, 1928, Bank Director Jacques Bosshart joined the board of ARSA, initiating the involvement of the [[Ebauches SA]] cartel in the company. They were likely interested in acquiring the Unitas ebauche operation and Les Frênes factory. Reymond had probably borrowed from the bank to purchase Unitas and keep production running through the bust of the 1920s and found himself increasingly disillusioned with the business. | ||
Auguste Reymond | Auguste Reymond announced his retirement from day-to-day involvement in the firm in July of [[1931]], selling his shares to [[ASUAG]]. He remained chairman of ARSA and Unitas until [[1936]], when he decided to step down for health reasons. Ferdinand Kaiser had also recently resigned from the board in January. | ||
The board was revised again on May 19, 1933, with Auguste Reymond remaining as president, banker Jacques Bosshart becoming vice president, [[Sydney de Coulon]] becoming secretary, and [[Ernest Strahm]] joining. This suggests that the firm had been integrated into the [[ASUAG]] cartel. | The board was revised again on May 19, 1933, with Auguste Reymond remaining as president, banker Jacques Bosshart becoming vice president, [[Sydney de Coulon]] becoming secretary, and [[Ernest Strahm]] joining. This suggests that the firm had been integrated into the [[ASUAG]] cartel. | ||
Revision as of 13:28, 16 April 2024
A. Reymond SA, also called Auguste Reymond after its founder and ARSA, is a Swiss watch manufacturer. The company was founded and located in Tramelan-Dessus for most of its history and was associated with the Unitas watch movement factory, which it owned.
Auguste Reymond
Guillaume-Auguste Reymond (1860?-1946) was born in St-Sulpice but lived in Tramelan-Dessus when he established a modest watchmaking business in 1898. Contemporary sources say he built the landmark factory in the town in 1903, enlarging it several times over the next three decades.
Aug. Reymond (as he was often abbreviated in this period) was listed in Indicateur Davoine in 1899 as "Reymond, Aug., horlogerie en t. g. et pour t. p. (même maison à La Chaux-de-Fonds pour la pièce or soignée)."
By 1907 Auguste Reymond was operating an ebauche factory in Les Bioux in the Vallée de Joux. This small village was also home to J. & C. Reymond Frères (the future Valjoux), an interesting coincidence given their shared last name. But it is unclear if Auguste Reymond was related to John and Charles Reymond.
The company manufactured thin and extra-thin pocket watches from 11 to 19 ligne (12 to 16 American) diameter. This included both cylinder and anchor movements, but the company concentrated on the mid to high end of the market. Still, the firm boasted annual production of 120,000 watches in a 1908 advertisement. This was increased to 130,000 per year in 1913, with images of a fine pocket watch with a tortoise shell and mention of a gold medal in Brussels in 1910. By 1916 the firm had introduced a wristwatch and boasted 150,000 watches produced per year as well as a new gold medal in Berne in 1914. A monopusher wrist chronograph is pictured in 1920.
ARSA
The company was incorporated as a public limited company called Manufacture d'Horlogerie A. Reymond SA (ARSA) on March 23, 1918. By this point the company had grown to raise share capital of 500,000 francs, with that much more available as new shares were issued and sold. The president of the board of directors was Auguste Reymond himself, and he was also listed as the owner and head of watchmaking. He lived in Cour near Lausanne by this point. The vice president was Victor-Eugène Bahon and the secretary and head of manufacturing was Henri-Arnold Lohner. The firm was located on Rue du Midi in Tramelan-Dessus. In 1920 the company raised 300,000 francs by a sale of shares and appointed Edouard-Albert Friedrich to be commercial director and board member.
By 1923 A. Reymond SA had standardized branding into three lines:
- ARSA was for fine and extra-fine watches with precision regulation including ultra-thin and normal dimensions
- Speranza was for guaranteed quality and regulation
- Silvana was for regular quality, including a watch with a Breguet hairspiring
The company also boasted of a 13 ligne bracelet watch as well as a chronograph wristwatch. It appears that the Silvana brand was spun out as a separate company by 1924. The Speranza brand remained in the hands of ARSA through 1970 at least.
The original shareholders and board members, Victor-Eugène Bahon, Edouard Friedrich, and Arnold Lohner, resigned from the board on May 19, 1923. The new board consisted of president Auguste Reymond, vice-president Albert Junod, and secretary Ferdinand Kaiser. Auguste Reymond was also appointed managing director at this time.
ARSA and Unitas
- See Also: La Trame
ARSA and Unitas are closely associated, but the latter originated separately and was acquired by ARSA only in 1926. Jules Rossel was a watchmaker from Tramelan who established a watchmaking business in his own name in La Chaux-de-Fonds by 1883. This failed in July 1895 but he established a new business back in Tramelan-Dessus with Adrien Rossel (perhaps his brother or son) on April 1, 1896. The firm of Jules & Adrien Rossel registered brands Titania and La Trame but was liquidated in 1903. Adrien Rossel-Conrad took over the brands, becoming known as Fabrique de Montres "La Trame" in 1918.
Rossel-Conrad started a second company, La Trame SA, to produce watch movements for his La Trame brand. This was registered as a public limited company on June 6, 1918 with Jean or Hans Fink as president and Jean Uhlmann as secretary. The company was quickly renamed Unitas Watch Co. SA on October 30, 1918 and registered the Unitas brand on March 4, 1919. Unitas issued new stock in 1921 with Hans Fink as president, Hermann Burri as vice president, and Gaston Girod as secretary and Jean Uhlmann removed.
Unitas and La Trame were independent companies but worked closely together through the post-World War I boom and bust. The La Trame brand belonged to A. Rossel-Conrad under Henri Rossel, and Unitas registered its own brands and began producing complete watches as well. The Unitas watch company specialized in anchor watches in the same market as ARSA. The firm had a patented 19 ligne movement with Lépine or savonette small seconds that was the predecessor of today's ETA 6498, which still bears the company's name.
All watchmakers struggled once post-war over-production and chablonnage took hold, and Unitas was hit particularly hard since it was heavily invested in manufacturing. A succession of investments and managers tried to fix the firm: Hans Fink declared personal bankruptcy and was removed in 1923 with his shares simply cancelled. Bernard Gabus approached the company to distribute its watches abroad alongside Berna but his new High-Life company failed to find a market.
On May 8, 1926 Unitas declared bankruptcy. Sensing an opportunity, Auguste Reymond purchased the company in December. Gaston Girod, Hermann Burri, and Jämes Mathey were removed from the board of directors, replaced by Auguste Reymond himself along with Ferdinand Kaiser, and Georges Capitaine. Bernard Gabus resigned as director as well, ending the short High-Life saga. ARSA took over the Unitas Watch Co. brand for complete watches, while the factory building itself was separated as Les Frẽnes SA.
Ebauches SA
On May 28, 1928, Bank Director Jacques Bosshart joined the board of ARSA, initiating the involvement of the Ebauches SA cartel in the company. They were likely interested in acquiring the Unitas ebauche operation and Les Frênes factory. Reymond had probably borrowed from the bank to purchase Unitas and keep production running through the bust of the 1920s and found himself increasingly disillusioned with the business.
Auguste Reymond announced his retirement from day-to-day involvement in the firm in July of 1931, selling his shares to ASUAG. He remained chairman of ARSA and Unitas until 1936, when he decided to step down for health reasons. Ferdinand Kaiser had also recently resigned from the board in January.
The board was revised again on May 19, 1933, with Auguste Reymond remaining as president, banker Jacques Bosshart becoming vice president, Sydney de Coulon becoming secretary, and Ernest Strahm joining. This suggests that the firm had been integrated into the ASUAG cartel.
Sydney de Coulon replaced Auguste Reymond as the head of Fabrique d'Ebauches Unitas on April 6, 1937, with Fernand Nicolet joining as director. On June 29, ARSA was acquired in its entirety by ASUAG, leaving just 55,000 francs (6.875%) in the hands of investors. Auguste Reymond was no longer a member of the board of directors, with Ernest Strahm replacing him as president, Sydney de Coulon as vice president, and Jacques Bosshart as secretary.
Auguste Reymond died in the hospital in Lausanne on September 18, 1946 in his 75th year.
ARSA
In the early 1950s the Auguste Reymond brand was known by two product lines: the digital watches with "jumping hour" and the "Braille watches" for the visually impaired. To date, Auguste Reymond has remained famous for its Braille watches, which continue to be marketed under the old brand ARSA.
Also under the brand name ARSA, in the 1960s, inter alia, wristwatches with jumping central seconds were produced as model 'Spring Master', and also the wristalarm 'Alertic'. Later, Arsa specialized in quartz watches.
After Auguste Reymond, like almost all Swiss watch companies, had been hit hard by the quartz crisis, a restart happened in 1989. “Montres Nitella SA”, a different watch company in Tramelan and owned by the Loosli family, bought the brand and appointed Thomas Loosli, again also a young man of 27 years, as managing director. Loosli was trained in art history and French literature and had prior experience as a watch designer. He set himself the task to bring Auguste Reymond back to life with "good old" mechanical watches, and in almost two years he designed a completely new collection of mechanical watches.
Honesty and creativity are the two key terms of the company's philosophy. The models whose names are all inspired by jazz music, are designed correspondingly clear and catchy. With their movements by ETA they are positioned in an affordable to very low-price range.
Weblinks
Address
Auguste Reymond SA
Rue de la Promenade 29
Case postale 136
CH-2720 Tramelan
Tel. +44 (0)32 / 487 42 46
Fax +44 (0)32 / 487 47 75