Patek Philippe – The last family-owned independent Genevan watch manufacturer
Origin
For nearly 180 years without interruption, Patek Philippe has been perpetuating the tradition of Genevan watchmaking. As the last family-owned independent watch manufacturer in Geneva, it enjoys total creative freedom to entirely design, produce and assemble what experts agree to be the finest timepieces in the world – following the vision of its founders Antoine Norbert de Patek (1839) and Jean Adrien Philippe (1845). Thanks to its exceptional know-how, Patek Philippe maintains a tradition of innovation hailed by an impressive repertoire of more than 100 patents.
Values
Independence, tradition, innovation, quality and craftsmanship, rarity, value, aesthetics, service, emotion, and legacy are the ten fundamental values of the Genevan watchmaker. Patek Philippe has always aimed for perfection by creating timepieces of unrivalled quality and reliability, the uniqueness and exclusiveness of which makes them rare and precious pieces, a unique legacy to be handed down from one generation to the next. To achieve this, the company invests in innovation with new materials and leading-edge technologies, while continuing to preserve the tradition of ancestral watchmaking know-how, and maintains the industry’s strictest quality control standards.
Vision
In the hands of the Stern family since 1932, the company is managed today by a board of directors composed of Honorary President Philippe Stern, President Thierry Stern, and CEO Claude Peny. During his years as President, Philippe Stern marked the history of the company with significant building projects to reinforce its industrial infrastructure and independence, with the creation of the Patek Philippe Museum, and with the launch of exceptional timepieces such as the Calibre 89. Appointed President in 2009, Thierry Stern aims to ensure that Patek Philippe remains at the leading edge of watchmaking technology and research into material sciences, thus contributing to the continual improvement of the long-term quality and reliability of its timepieces.
The Patek Philippe Seal
In 2009, Patek Philippe launched its proprietary quality label for mechanical watches. This Patek Philippe Seal attests to the utmost quality of its timepieces, far above and beyond official standards, by integrating all competencies and features of relevance in manufacturing, precision and lifelong maintenance. The Patek Philippe Seal applies to the entire watch and is the only seal of quality that assures lifetime maintenance of the watch, regardless of the date of completion. It is governed by detailed regulations and an independent supervisory body. The Patek Philippe Seal embodies all the company’s values and quality standards, and Messrs. Stern act as its main guardians.
The company today
Patek Philippe SA comprises the following units: the main workshops at Plan-les-Ouates (Geneva), with its administrative headquarters, research activities into new technologies, development of new mechanisms, the creation division, the movement component manufacturing workshops, and all the watchmaking activities from design to delivery, including after-sales service and restoration; the case and bracelet workshops in Perly (Geneva); the Patek Philippe Museum in Geneva, and the exclusive Patek Philippe Salons in Geneva, Paris, and London. Patek Philippe also owns eight partner companies outside the Canton of Geneva: Calame (watch cases), Poli-Art (polishing), SHG (gemsetting), and Patek Philippe SA La Chaux-de-Fonds in La Chaux-de-Fonds; Cadrans Fluckiger (dials) in Saint-Imier; Allaine (movement casing) in Alle; and Betakron (finishing, decorating, steel components) in the Jura; as well as Patek Philippe La Vallée SA (watchmaking, haute horlogerie, and repairs) in Le Brassus.