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The Lange 1, the first great success of A. Lange & Söhne after the restart of the brand
© A Lange & Söhne
  • The entrepreneur Heinz W. Pfeifer and the Nuremberg jeweler Alfred Wallner buy the Glashütte watch company (GUB) on 1 November by the Treuhand (organization to handle privatization after the German "Wende"), after a first attempt to privatize with France Ebauches had failed. The brand is now called Glashütte Original.