The larger manufacturer of Swiss Army knives, Victorinox,
has taken over
its much smaller competitor and only rival, Wenger.
"The two official makers of Swiss Army knives, which will keep their
identities separate under the deal, have been struggling to make
headway since the September 2001 terrorist attacks in the United States. After 9-11, the companies lost between 15% and 20% of turnover as business at duty-free outlets slumped. Although airline passengers can buy the knives in duty free stores,
they are not allowed to take them on aircraft as hand luggage because
of security concerns."
So, Victorinox
now owns SNIFE
.
26.04.2005, 20:15