Yes it does, but it isn't an original like the one your friend inherited. Laco is still in business making watches and have produced many new versions of the one you have. Arnie is wearing a new model.
..... they are kind of displayed in a jumbled mess aren't they?...but i suspect that's how Arnie buys his 15000$ watches...by the fistfull.....'which AP royal oak will it be Mr Schwarzenegger??...we have 17 models'.........'All.' .....What a disappointing way, especially for a watch publication, to display someone's collection. Is there any mention in the article itself of the Laco?
Maybe he has a collection of them ;-)OK, yesterday I bought the latest CHRONOS magazine in Germany. There is a interview with Mr.Schwarzenegger and a picture of his collection. On the bottom-right corner of this Audemars Piguette dominated crowd face down is a Laco watch ("Laco by Lacher" engraved on the rotor). The watch is a limited to 500 pieces. No speculation that he has at least one watch from the brand.