As reported earlier, Montblanc has acquired the respected Swiss watch
manufacture Minerva SA, now named "Institut Minerva de Recherche en Haute
Horlogerie". The first fruits of that collaboration, the beautifully finished
Montblanc "Collection Villeret 1858" is on exhibition at the Paragon in
Singapore. Transforming the Montblanc boutique into a stunning
time capsule showcasing Montblanc's historical milestones in
watchmaking.
Of the many things we love
about mechanical watches, we here at Goldarths Review are perhaps most impressed
by top-notch movement finishing, and we were delighted to have had a chance to
photograph the beautifully finished watches in some detail. Do look out for our
full-length article on the Collection Villeret 1858 in an upcoming
issue.
We were also very happy to
speak to Mr Alexander Schmiedt, Business Director of the Villeret 1858
collection, to gain some insight into the founding of this
collection.
What are the most attractive attributes of the Minerva name?
In one word, tradition.
They are one of the few watch brands for longer than 100 years. This is special
in the industry because while there are many brands with a supposedly longer
history, but you will find that many of them were inactive for a long period of
time.
Minerva had been producing
beautiful and technical movements and watches in a traditional way throughout
its history, even through the Quartz crisis which saw the death of many other
larger companies. Their chronographs in particular are much desired by
collectors everywhere.
So it's this continuity of
tradition that is more attractive to us
Montblanc is also a company
with more than 100 years in the luxury business, and Montblanc's products are
also made based on the same principles of craftsmanship and
handwork.
Admittedly, our history is
not rooted in watchmaking but this makes our fit with Minerva perfect. While
Montblanc benefits from the know-how and watchmaking savoire-fair of Mr Demetrio
Cabbidu and his team, Minerva will gain access to our market-leading strengths
in organization, distribution and marketing.
If Minerva were to be
acquired by another watchmaking company with a longer history, the name Minerva
will most likely have disappeared. But through Montblanc, the Minerva story can
be publicized and told to more people all over the world.
It's not a commercial
story, as Minerva's traditional watchmaking methods means we can't make enough
pieces to support a full-fledged commercial collection.
But our goal is to maintain
this traditional principles of craftsmanship, every few companies are doing it
the way we are doing.
The luxury watch industry has seen a renaissance
recently, with more product offerings than ever. What in your opinion are
watch-collectors craving for?
While there are many types
of collectors, I would say many of them crave to be told the truth. While it is
true that many new luxury watches are being launched, there are also many not so
credible stories, such as the artificial limitation of timepieces into limited
editions. So the collectors are craving for something true, something honest
that can be believed.
Mr Alexander Schmiedt, Business Director of the Villeret 1858
collection
How does Minerva and the Villeret collection fill this
need?
At Institute Minerva we are
producing watches at the same high levels of hand-craftsmanship as 100 years
ago. Very few brands do it in such a consistent and strict way as we are able to
do. That's what really made a difference. Look at our watches and you will see
the high degree of hand-finishing of all aspects of our watch.
So a Montblanc Villeret
watch is a watch with a soul. It carries a piece of the watchmaker who had spent
so much time with the watch.
Are there plans to use Minerva movements in other
Montblanc watches?
We can't. The level at
which the Minerva movements are manufactured means it's not possible to industrialise it. It's
really a choice we made, between making a few thousand pieces a year to make a
collection commercially relevant, or doing it the traditional way, in which our
purposes is to safeguard the tradition.
What are the plans that Montblanc has for Minerva in the
future?
Our first objective is to continue to
develop our own movements to the same traditions of quality and craftsmanship.
The second is to supply
Montblanc's exclusive Villeret collection with movements.
The third is to be able to
support independent watchmaking. Indeed we bring young people, independent watchmakers, into the Institute to work on projects which are not related to
commercial products. In this way we hope to perpetuate the spirit and safeguard
the tradition of haute horlogerie.