The company was founded in the mid 1850s by August Schatz in the Black Forest region of Triburg in Germany. It was registered in 1881 as Schatz & Wintermantel, and was re-structured in 1884 as Jahresuhrenfabrik A.G., again in1897 as Jahresuhrenfabrik GmbH, and yet again in 1923 as Jahresuhrenfabrik August Schatz & Sohne. Their range included cuckoo clocks, barometers and 400 day clocks. In later years, they produced electric clocks and battery operated quartz clocks.
The company struggled to compete in the early 1980s, and finally closed down in 1985.
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