Who Owns A. Lange and Sohne?
A. Lange and Sohne is owned by Compagnie Financiere Richemont SA, a Swiss luxury goods group listed on the Swiss Exchange under ticker CFR. Richemont acquired A. Lange and Sohne in 2000 as part of the LMH transaction. The brand was originally founded in 1845, nationalized by East Germany, and revived in 1994 after reunification.
Parent Company
Compagnie Financiere Richemont S.A.
Acquired
2000
Status
Publicly Traded
Headquarters
Glashutte, Saxony, Germany
Who Owns A. Lange and Sohne?
- Parent Company: Compagnie Financiere Richemont S.A.
- Ownership Type: Wholly owned
- Acquisition Year: 2000
- Company Type: Publicly Traded
- Stock Ticker: SIX Swiss Exchange: CFR
| Brand | Parent Company | Ownership Type |
|---|---|---|
| A. Lange and Sohne | Compagnie Financiere Richemont S.A. | Wholly owned |
History of A. Lange and Sohne
- Founded: 1845
- Founders: Ferdinand Adolph Lange
- Acquired by Compagnie Financiere Richemont S.A.: 2000
Ferdinand Adolph Lange founded a watch manufacture in Glashutte, Saxony, in 1845, seeking to revive the local economy after the potato famine. Lange trained local workers in watchmaking and established Glashutte as a significant German watch manufacturing center.
The company was nationalized by the East German government after World War II and merged with other Glashutte watchmakers into VEB Glashutte Uhrenbetrieb, which produced the Glashutte Original brand. The Lange name ceased to exist as a distinct brand.
After German reunification, Walter Lange, Ferdinand Adolph's great-grandson, worked to revive the brand. With backing from LMH (a joint venture between Richemont, Mannesmann, and others), A. Lange and Sohne was relaunched in October 1994 with four debut watches at the Alte Residenz in Dresden. Richemont subsequently acquired full control through the 2000 LMH acquisition.
About Compagnie Financiere Richemont S.A.
Who controls Richemont?
Richemont is controlled by the Rupert family through Compagnie Financiere Rupert, which holds approximately 51% of voting rights through non-traded Class B shares, despite holding approximately 9% of economic interest. Johann Rupert serves as executive chairman.
What is Richemont's most valuable brand?
Cartier is by far Richemont's most valuable brand, generating an estimated 8 to 9 billion euros in annual revenue and representing approximately 40 to 45% of total group sales. Cartier is consistently ranked among the top five most valuable luxury brands globally.
Does Richemont own Net-a-Porter?
Richemont owns a majority stake in the YOOX Net-a-Porter Group, which operates Net-a-Porter, Mr Porter, YOOX, and The Outnet. YNAP was formed through the 2015 merger of Net-a-Porter (which Richemont had acquired in 2010) and YOOX. As of early 2026, Richemont retains ownership of YNAP and is pursuing a standalone growth strategy for the business.
How does Richemont compare to LVMH?
Richemont reported approximately 20.6 billion euros in revenue for FY2025, compared to LVMH's approximately 84 billion euros. Richemont is concentrated in hard luxury (watches and jewelry), while LVMH is diversified across fashion, wines and spirits, perfumes, retail, and hospitality. In watchmaking and fine jewelry specifically, the two groups are the primary competitors, with Richemont holding leading positions in several prestige watch and jewelry categories.
- Founded: 1988
- Headquarters: Bellevue, Geneva, Switzerland
- Company Type: Publicly Traded
- Stock: SIX Swiss Exchange: CFR
- Revenue: Approximately 20.6 billion euros (FY2025, year ended March 2025)
- Employees: Approximately 35,000
Where Is A. Lange and Sohne Made / Based?
- Headquarters: Glashutte, Saxony, Germany
- Manufacturing / Operations: Germany
Brands Owned by Compagnie Financiere Richemont S.A.
- Baume and Mercier - Swiss luxury watch brand founded in Geneva in 1830, positioned as the most acces...
- Boucheron - French luxury jewelry house known for fine jewelry, high jewelry, and accessorie...
- Cartier - French luxury jeweler and watchmaker founded in 1847, known for iconic pieces in...
- IWC Schaffhausen - Swiss luxury watch manufacturer based in Schaffhausen, Switzerland. Founded in 1...
- Jaeger-LeCoultre - Swiss luxury watch manufacture based in Le Sentier, Vallee de Joux, founded in 1...
- Panerai - Italian luxury watch brand with origins in Florence dating to 1860, known for la...
- Piaget - Swiss luxury watch and jewelry house founded in 1874, famous for ultra-thin move...
- Vacheron Constantin - The world's oldest watch manufacturer in continuous production, founded in Genev...
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Compagnie Financiere Richemont S.A. Stock Information
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