Timex Group

Timex Group B.V., or Timex Group, is an American–Dutch holding company headquartered in Hoofddorp, the Netherlands and Middlebury, Connecticut.[2] It is the corporate parent of several global watchmaking companies including Timex Group USA, Inc.,[3] TMX Philippines, Inc., and Timex Group India Ltd. In 2020, the Boston-based investment firm Baupost Group took ownership of Timex Group.[4]

Name

Shortly after purchasing the Waterbury Clock Company in 1941, Norwegian founder Thomas Olsen renamed the company Timex, as a portmanteau of Time (referring to Time magazine) and Kleenex.[5]

Companies and brands

Timex Business Unit, a division of Timex Group USA, Inc.

Sequel AG

Vertime SA

Timex Group Luxury Watches

Giorgio Galli Design Lab (Design studio, acquired 2007) Galli designs watches for:

• Timex
• Opex
• Nautica
• TX Watch Company (2006–2011)

• Guess
• Gc

• Versace
• Versus

• Philipp Plein
• Salvatore Ferragamo Timepieces
• Valentino Timeless—no longer licensed
• Vincent Bérard (2006–2010)

• Timex
• Nautica
• Salvatore Ferragamo
• Versace
• Versus

Production

Timex Group B.V.'s products are manufactured in China, France, Hong Kong, India, Philippines and Switzerland, often based on technology that continues to be developed in Germany, Japan and the United States. The group has operations in a number of countries in Europe, the Americas, Asia and Oceania.

External links

• Timex brand website