M&A Deal Summary |
|
|---|---|
| Date | 2015-11-30 |
| Target | Geneva Watch |
| Sector | Consumer Products |
| Buyer(s) | Time Watch Investments |
| Sellers(s) | Binda |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1988 |
| Sector | Consumer Products |
| Employees | 3,200 |
| Revenue | 982M HKD (2023) |
Time Watch Investments is a manufacturer, brand-owner and retailer of watches in the PRC national brand watch market with two proprietary brands, Tian Wang and Balco. Time Watch Investments was founded in 1988 and is headquartered in Kowloon, Hong Kong.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (New York) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2015) | 1 of 1 |
Binda Group is the world’s leading Italian watch and jewelry company. Binda operates in over 70 markets worldwide and employs approximately 400 individuals globally. Binda produces and distributes watches, jewelry and leather products under its own proprietary brand names, including Breil Milano, Breil Tribe, Wyler Genève and Details. It also produces and distributes watches and jewelry pursuant to exclusive license agreements with D&G, Moschino, Ducati and Glam Rock.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Consumer Products) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (New York) | 1 of 1 |
| Country (United States) | 1 of 1 |
| Year (2015) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2008-09-08 |
Geneva Watch
New York, New York, United States Geneva Watch Co., Inc. is a designer, manufacturer and retailer of high-quality brand watches, such as Kenneth Cole, BCBG, Betsey Johnson, Tommy Bahama, Freestyle, Under Armour and other brands. |
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