Audemars Piguet Acquires Inhotec
Audemars Piguet has acquired a controlling stake in Inhotec, a component manufacturer based in Le Locle. The acquisition reflects the brand’s continued focus on strengthening its industrial base and securing access to essential parts for high-end watchmaking. The value of the transaction has not been disclosed.
Inhotec: Profile of the Manufacture
Founded in 2011, Inhotec has established itself as a specialist in producing components for watch movements. The company employs more than 200 staff and supplies a wide range of precision parts to clients across the Swiss watch industry. Under the leadership of founder and Chief Executive Officer Alexandre Amez, the firm has become a trusted partner recognised for technical expertise and reliability.
Amez will remain at the head of the company and retain a minority shareholding, ensuring continuity of leadership and the preservation of Inhotec’s independent culture.
Autonomy with Strategic Support
Inhotec will continue to operate as an independent entity within the wider Audemars Piguet ecosystem. The Le Brassus manufacture has confirmed that the Le Locle firm will retain full autonomy in its operational management, production, and commercial relationships. Audemars Piguet’s involvement will focus on strategic and financial support, reinforcing Inhotec’s capacity to innovate and expand while preserving its flexibility.
The Role of Vertical Integration
The acquisition highlights a broader dynamic in the Swiss watch industry, where leading brands have increasingly sought to secure control over their supply chains. With global demand for fine watchmaking rising, access to specialised components has become a strategic priority. By bringing Inhotec into its structure, Audemars Piguet ensures the stability of supply for critical parts while protecting technical know-how developed in the Jura region.
Audemars Piguet has previously invested in strengthening its production network. Over the past two decades the brand has expanded manufacturing sites in Le Brassus, Le Locle, and Meyrin, reinforcing its capacity to produce cases, movements, and finishing work in-house. The addition of Inhotec complements these efforts by integrating a specialised supplier into the group’s long-term strategy.
Le Locle as a Watchmaking Hub
Le Locle, where Inhotec is based, is one of the historic centres of Swiss horology. Alongside La Chaux-de-Fonds, it has been recognised as a UNESCO World Heritage Site for its urban landscape shaped by the watch industry. Housing many component makers, suppliers, and manufactures, the town remains a vital part of the ecosystem that supports the entire Swiss watch sector. Inhotec’s integration into Audemars Piguet reflects the continued importance of this region in sustaining the country’s reputation for precision and innovation.
Conclusion
The acquisition of Inhotec strengthens Audemars Piguet’s industrial capabilities while preserving the independence of a respected component manufacturer. With more than 200 employees and a reputation for precision, Inhotec will continue to operate under its current leadership while benefiting from the resources and long-term vision of one of Switzerland’s most renowned watchmakers. The move also underscores the enduring value of vertical integration in safeguarding expertise and ensuring resilience in the competitive luxury watch industry.
