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|Fate||Purchased by The Swatch Group Ltd|
|Founded||Villeret, Switzerland (1753 )|
|Key people||Marc Hayek|
|Parent||The Swatch Group Ltd|
Blancpain SA (pronounced: [blahn pan]) designs, manufactures, distributes and sells luxury watches. Founded in 1735 by Jehan-Jaques Blancpain, Blancpain is headquartered in Biel, Switzerland and is now a wholly owned subsidiary of the Swatch Group. Blancpain has 35 stores and 396 retailers around the world.
Blancpain went into bankruptcy and stopped production for a long period. The brand was revived by Jean-Claude Biver, an executive of Omega SA. Marc Hayek, the grandson of The Swatch Group's founder and chairman, Nicolas Hayek, is the current leader of Blancpain and has run the company since 2002.
Blancpain started making watches in 1735 in Villeret, Switzerland. According to their commercial slogans, the company has never produced quartz watches in the past and has stated in its advertisements that it never will, nor have they ever produced watches with digital displays. In comparison to a large watch maker like Rolex, which makes about 2,000 watches a day, Blancpain produces fewer than thirty watches per day. Each watch is made by a single watchmaker.
Blancpain is also famous for being the creator of one of the most complicated mechanical watches ever made, the Blancpain 1735, which is a true grand complication (Tourbillon, minute repeater, perpetual calendar, split chrono), a limited edition of 30 pieces only, production of just one piece per year.
Blancpain is also known for its Fifty-Fathoms watch, selected by the United States Navy and worn by Jacques-Yves Cousteau in his award-winning film. In 1984, Blancpain launched the world's smallest movement, followed in 1989 by the launch of the world's thinnest movement.
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