Watches
Chaumont Group, a New Key Player in the Manufacture of High-End Watch Components
By Eva Morletto30 juin 2026
The Italian investment fund Vam Investment, in partnership with Umberto Macchi di Cellere, former CEO of Bulgari Horlogerie, has announced the creation of the Chaumont Group, a new industrial hub based in Neuchâtel.
The new group brings together four Swiss companies with complementary areas of expertise. Efteoris a niche supplier to the ultra-luxury sector, specializing in watch cases and clasps made of precious metals and produced in limited editions. Le Composant specializes in oscillating weights and bracelets made of precious metals for high-end and ultra-luxury brands. Next is Télôs Watch, which develops industrial and assembly solutions for watch brands, while Henri Robert is a micromechanics company specializing in the manufacture of high-precision cutting tools used to machine watch components for major luxury brands.
Together, these companies cover a large part of the production chain, from caliber development to final assembly.
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Four Companies with Complementary Expertise
Although these are four modestly sized companies, they all operate in a highly strategic segment.
For several years now, major watch manufacturers have been favoring partners capable of guaranteeing quality, industrial capacity, and financial stability. This trend encourages the consolidation of independent specialists, with the aim of achieving significant scale and boosting their market presence. This is precisely the strategy advocated by Vam Investment. Founded in Italy, the fund specializes in industrial companies with strong transformation potential, characterized by a growth strategy based on acquisitions, strategic partnerships, and international expansion.
A Consolidation Strategy Serving the Swiss Watch Industry
According to Vam Investment, the Chaumont Group will become “a leading industrial platform serving the Swiss watch industry,” capable of supporting both major houses and independent brands.
In its press release, the fund also emphasized its desire to “preserve Swiss craftsmanship while accelerating innovation and growth among the companies within the group.”
For his part, Umberto Macchi di Cellere emphasized the need to create an industrial partner capable of meeting the growing demands of the luxury market, where mastery of components has become a decisive advantage amid increased competition.
Key Points:
• The Italian fund Vam Investment and Umberto Macchi di Cellere have created the Chaumont Group, a new industrial hub based in Neuchâtel that brings together four Swiss companies specializing in watch components and manufacturing.
• By bringing together expertise ranging from movement design to final assembly, the Chaumont Group aims to offer an integrated solution capable of meeting the needs of both major watchmakers and independent brands.
• This new venture is part of a trend toward consolidation in the watchmaking sector, where suppliers are seeking to achieve critical mass in order to strengthen their competitiveness, industrial capacity, and market presence.
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