Frédérique Constant
Frédérique Constant SA is a Swiss manufacture of luxury wristwatches based in Plan-les-Ouates, Geneva. Originally established in 1988 by Dutch married couple Peter Stas and Aletta Stas-Bax, it was acquired in 2016 by Citizen Holdings of Tokyo, Japan.
Before the sale to Citizen, Frédérique Constant SA was owned by Union Horlogère Holding B.V., which also owned Alpina Watches and Ateliers deMonaco. These companies have together been referred to as the Frederique Constant Group. The brand's logo represents the Stas family crest.
History
The company was founded in 1988 by Dutch couple Aletta Francoise Frédérique Stas-Bax and Peter Constant Stas. The name originates from its founders great-grandparents, Frédérique Schreiner and Constant Stas, the latter of whom founded a company producing watch dials in 1904. Later, the company would acquire Alpina Watches in 2002, a manufacturer of Swiss sports watches founded in 1883.In 2000, the brand manufacture was in Chêne-Bourg. Master watchmaker Pim Koeslag joined the brand in 2002, and went on to coordinate technical developments for the next two decades.
In 2006, the construction of a single facility in Plan-les-Ouates enabled the brand to accelerate its growth thanks to a production capacity of 48,000 watches.
In 2008, Peter Stas, Pim Koeslag and Robert van Pappelendam established a new brand within the Frederique Constant group: Ateliers deMonaco.
In 2016, Peter and Aletta Stas secured the Frederique Constant Group’s long-term future by accepting an LBO proposal from Japanese group Citizen. The same year, the Frederique Constant Group acquired its main distributors, including its largest market, Macher SA in Switzerland, founded in 2002 by Alexis Gouten. Subsequently Niels Eggerding, who joined Frederique Constant in 2012, was appointed Chief Executive Officer of the Frederique Constant Group in 2018.
Frederique Constant currently operates a manufacture in Geneva in a four floor 3200m2 building. In 2018, the manufacturing facility was expanded to 6200m2.
Ownership structure and sister brands
Prior to the sale to Citizen, Frederique Constant Holding SA owned Union Horlogère Holding B.V., which also owned Alpina Watches International SA, a watch manufacture founded in 1883 by Gottlieb Hauser, a watchmaker in Winterthur who founded the Swiss Watchmakers Corporation.Additionally, Union Horlogère Holding B.V. also owned Ateliers deMonaco SA, a watch manufacture founded in 2008 by Peter Stas with two other partners.
All three companies are based in Plan-les-Ouates, Geneva, Switzerland. These companies have together been referred to as the Frederique Constant Group.
Products and product features
Heart Beat movement
In 2001, Frederique Constant began the development of its first watch movement in cooperation with the École d'Horlogerie de Genève, École d'Ingenieurs de Genève and the Horloge Vakschool Zadkine. The Heart Beat Manufacture has a characteristic bridge for the balance wheel on the front side of the movement. Having the bridge for the balance wheel on the front side made it possible to have the spiral and fine regulation on the front side as well, creating the company's "Heart Beat" design. The company patented this construction as an innovation in watch design technology.The company's "Heart Beat Manufacture" won the "Watch of the Year" Award of Horloges Magazine in the category of up to €3000 in 2005.
As of 2014, the company has brought 15 distinct movements to the market, starting with the introduction of its original Heart Beat in 2004.