Universo Ltd., a company of The Swatch Group Ltd., and Energizer Ltd., both in La Chaux-de-Fonds (Switzerland) signed a contract on August 10, 2011, for the acquisition of buildings and land on rue Louis-Joseph Chevrolet 43 in La Chaux-de-Fonds. The handover will take place on November 1, 2011. In addition, The Swatch Group Ltd. will initially employ some 40 former employees of Energizer Ltd.