Acrotec is probably one of the most important players in the watch supply industry. Operating in the watchmaking, medtech and precision high-tech sectors, in 2019 this group of some twenty companies, currently employing 1,200 people, generated turnover of CHF 233 million with net profits of CHF 13.8 million, compared to 8.5 million in 2018. (Editor’s note: The Carlyle Group, the US private equity giant, announces that it has entered into an agreement to acquire Acrotec. The transaction is expected to be completed in the first quarter of 2021.)