M&A Deal Summary

Time Watch Investments Acquires Geneva Watch Co.

On November 30, 2015, Time Watch Investments acquired consumer products company Geneva Watch Co. from Binda

Acquisition Highlights
  • This is Time Watch Investments’ 1st transaction in the Consumer Products sector.
  • This is Time Watch Investments’ 1st transaction in the United States.
  • This is Time Watch Investments’ 1st transaction in New York.

M&A Deal Summary

Date 2015-11-30
Target Geneva Watch Co.
Sector Consumer Products
Buyer(s) Time Watch Investments
Sellers(s) Binda
Deal Type Divestiture

Target

Geneva Watch Co.

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.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Time Watch Investments

Cheung Sha Wan, China

Category Company
Founded 1988
Sector Consumer Products
Employees2,800
Revenue 881M HKD (2024)
DESCRIPTION

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 M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1

Seller(S) 1

SELLER

Binda

Milan, Italy

Category Company
Founded 1906
Sector Apparel/Textiles
DESCRIPTION

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 M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-09-08 Geneva Watch Co.

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.

Buy -