The Karl Scheufele Company and the takeover of Chopard
At the same time in Pforzheim, Germany, Karl-Scheufele III, goldsmith and watchmaker, son and grandson of entrepreneurs, was seeking to develop ESZEHA, the jewelry and watch company he owned. Reliant on suppliers for his watch movements, he considered acquiring a Swiss manufacturer. With this goal in mind, he published an advertisement in the newspapers and went to Geneva to meet potential leads. On the last day of his trip he contacted the last name on his list and met Paul-André Chopard. Karl Scheufele knew from that instant that they were meant to get along; thirty minutes later, the deal was sealed.