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It was founded in Geneva in 1924 when Arnold Schweitzer purchased the Ecridor Pencil Factory. Schweitzer named his new company after Caran d'Ache, the nickname of a French satiric political cartoonist from Russia (карандаш, karandash meaning pencil in Russian).
In 1929 Carl Schmid invented the Fixpencil, one of the first Clutch Pencils which has been trademarked by Caran d'Ache.
