====== SMH ======
**SMH** ("Société de Microélectronique et d ' Horlogerie SA") was the name for a group of Swiss watch manufacturers formed by the merger of [[ASUAG]] and [[SSIH]]. Now known as [[Swatch Group]], it is the world's largest watch group, which now includes many other manufacturers.

===== Milestones =====
  * May 26, [[1983]] - At a press conference, the merger of [[ASUAG]] and [[SSIH]] is announced. The resulting entity, tentatively called ASUAG-SSIH, would become SMH two years later.
  * [[1984]] - [[Swatch|Swatch SA]] founded
  * [[1985]] - "[[ASUAG]]-[[SSIH]] Group" renamed "SMH"
  * [[1987]] - All subsidiaries of [[Ebauches SA]] are reorganized under [[ETA]]
  * [[1988]] - SMH divests its stake in [[France Ebauches]]
  * [[1991]] - [[Balmain]], conceived in [[1987]], is launched co-located with [[Longines]]
  * [[1991]] - SMH takes over [[Porta Micromechanic AG]] (PUW and Rowi) as well as [[VEB Uhrenwerke Ruhla]]
  * July, [[1992]] - [[Blancpain]] and [[Frédéric Piguet]] acquired


{{tag>Abbreviations Watch_trusts Swatch_Group}}