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Our group

History

The group was founded in 1976 by Pierre-Olivier Chave, and today has ten companies, mainly based in Switzerland and Malaysia (Swiss Profile).

The Group’s history reflects a long tradition of expertise in metal processing, as well as in the manufacture of semi-finished precious and non-precious metal products via rolling, drawing and punching operations.

Its success lies in its ability to renew and innovate, while relying on the synergies developed between the Group’s companies.

2023

PX Précinox becomes a member of the Swiss Triple Impact Repertoire. Its sustainability strategy and commitments – in line with the Sustainable Development Goals (SDGs) – are set out with concrete measures, for a sustainable and responsible future.

2023

Creation of the PX Foundation by the group's founder and chairman, and opening up of the group's share capital to top management.

2021

Strenghtening of our partnership with Dynacor Gold Inc. The company enters the field of gold production by processing ore purchased from the ASM (artisanal and small-scale mining) industry.

2020

PX Group participates in the creation of Engreen SA, a company operating in organic waste recovery and renewable energy production. The company is jointly owned by three entities: Groupe E Greenwatt, PX Group and EL SA.

2019

Renewal of the Board of Directors, with new multidisciplinary skills and strengthened governance.

2018

PX Précinox is awarded the 2018 Swiss Ethics Prize for its PX Impact® label.

2016

PX Group celebrates its 40th anniversary. This jubilee confirms the development of the group and its entities, while securing its long-term future. On this anniversary, the Group comprises a constellation of ten autonomous companies – employing over five hundred people worldwide – united around one basic idea: to harness their artisanal know-how in metal treatment and processing.

2015

Creation of PX Perumet in Lima. The firm maintains close links with its various contacts and partners, and supervises the extraction conditions. The Group ensures that its ethical values and commitment to excellence are duly respected.

Birth of PX Swissmet Sdn Bh, based in Malaysia and specializing in precious metals refining and fine gold trading. Firm recognized by the London Bullion Market Association (LBMA).
Eager to become a true "mining player" in ethical gold production and responsible sourcing, the group launches a project called PX Impact® in partnership with Dynacor Gold Mines Inc.

2013

The PX Group Board of Directors appoints two CEOs, Philippe Chave and Sylvain Chave. The founder, Pierre-Olivier Chave, has since then been the Group Chairman.

2012

Thanks to the "Good Delivery" label, the group enters the gold trading business. The first ingot – commonly known as a one-kilo bar of soap – comes off the PX Précinox production line.

2011

Establishment of PX Services. The company designs and develops original products and new technologies, while also engineering state-of-the-art, ultra-competitive machinery. Its production is also designed and managed in-house.

2004

Philippe Chave, Pierre-Olivier Chave's eldest son, takes over at the helm of the Malaysian subsidiary, Swiss Profile (M) Sdn Bhd.

2001

Creation of PX Dental, a leader in dental alloys. This small unit operating in the paramedical field showcases the group's values and industrial talent outside the traditional metallurgy sector.

1990

Takeover by PX Group of Marc Sandoz SA (established 1952), which manufactures and markets precision tools and diamond grinding wheels. Hence the group creates a supply chain of semi-finished products for customers to machine. The company, under its new name PX Tools, specialises in the manufacture of hard metal tooling.

1986

Creation of PX Holding SA (later PX Group) to oversee all the group's constituent companies.

1983

The aim is to separate precious and non-precious metals, in order to optimize each sector. The "stainless steel" part gives rise to a new company, PX Précimet.

1996

As part of its diversification strategy, PX Group opens a subsidiary - Swiss Profile (M) Sdn Bhd, in Penang, Malaysia - to manufacture semi-finished products. Sylvain Chave, the founder's youngest son, takes charge of production.

1976

Pierre-Olivier Chave establishes PX Précinox in La Chaux-de-Fonds, Switzerland. The firm specializes in semi-finished metal products. This is the Group's first company and, seven years later, would become PX Group.