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LONDON (Reuters) - CVC Capital Partners has agreed to take control of Swiss watchmaker Breitling in a deal that sees another iconic Swiss brand lose independence. Based in St. Imier in Switzerland since 1832, Longines celebrates its a hundred and eightieth anniversary in 2012. This revered Swiss watch brand boasts a technical experience born of tradition, class and performance, and has maintained a strong devotion to the sporting world since the late 1800s, when it developed a specifically-designed chronograph to have fun equestrian sporting. At present, Longines boasts generations of expertise because the official timekeeper at world championships and as a companion of worldwide sports federations.

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Within the Swiss timekeeping world, Longines is without doubt one of the well-recognized manufacturers for its classy and stylish , it witnessed ups and downs in its journey to determine a reputed place within the Swiss watch-making. In 1983, SSIH merged with ASUAG, because of each corporations having financial difficulties, and became a holding group called ASUAG-SSIH, which was taken over two years by non-public investors, which, re-established this company, and again made it into one of the high watch companies. The holding firm was renamed in 1998, because the Swatch Group.

Based in Saint-Imier in Switzerland since 1832, for nearly two centuries Longines have been creating stunning Swiss Made timepieces which embody their motto of ‘Elegance, Custom and Performance'. As well as its signature elegant model, Longines' fame for precision and reliability have made them a paragon of excellence within the sporting world.