Victorinox (/vɪkˈtɒriˌnɒks/[7]) is a knife manufacturer and watchmaker based in the town of Ibach, in the Canton of Schwyz, Switzerland. It is well known for its Swiss Army knives. The Swiss Army knives made by Victorinox are made of a proprietary blend hardened steel from Germany and France. Since its acquisition of rival Wenger in 2005, it has become the sole supplier of multi-purpose knives to the Swiss army. It is the biggest manufacturer of pocket knives in the world; in addition, the company licenses its logo for watches, apparel, and travel gear.