Chronos Holding

Chronos Holding AG was an organization of Swiss watchmaking companies founded in 1966 and headquartered in Bienne. Its stated purpose was "Facilitate the merger of existing watch companies."

As of 1972, Chronos Holding owned 23% of the shares of SAPHIR Group, which included Jaeger-LeCoultre and related companies. Henry-A. Favre served on the board representing these interests.

Timeline

• 1966, April 14 - Chronos Holding SA is established in Bienne; it is a public limited company with the aim of "facilitating the concentration of existing watchmaking companies and their brands, to take an interest in all watchmaking or watchmaking companies, by participating in their capital and managing these participations, all in the manufacturing and sale of the finished product"; share capital is 5,000,000 francs divided into 50,000 shares of 100 francs each; the board of directors is composed of President Gérard Bauer, First Vice President Karl Obrecht, Second Vice President Philippe de Weck, Jean Hegetschweiler, Théodore Renfer, Pierre Renggli, Charles Blum, René Gugger, Numanin Jeanin, Silvan Kocher, Hans Kurth, Roger Lévy, Michel Perret, François DuPasquier, Paul Tuetey, Max Häni, Hans Strasser, and Arnold Voegelin; the offices were at Rue de l'Argent 6 in Bienne
• 1966, October 13 - At its general meeting, Chronos Holding increases its share capital from 5,000,000 francs to 7,000,000 francs by issuing 4,000 shares 500 francs each; these shares are fully released by the contribution made by Amir SA of La Chaux-de-Fonds consisting of the entire share capital of Cyma Watch Co. SA (1200 shares with a nominal value of 1250 francs each), of claims against Cyma Watch Co. SA of 1,500,000 francs for a total takeover price of 2,000,000 francs; Raoul Perret is no longer a member of the board of directors; Henry Favre is added