Timex Group


Timex Group B.V., or Timex Group, is a Dutch holding company headquartered in Hoofddorp, the Netherlands. It is the corporate parent of several global watchmaking companies including Timex Group USA, Inc., TMX Philippines, Inc., and Timex Group India Ltd.

Corporate structure

The Timex Group itself is privately held by the Norwegian holding group Fred. Olsen & Co. and releases no data on its sales or production. Businesses and exclusive worldwide licenses include the Timex Business Unit, Timex Group Luxury Watches, Sequel, Vertime and Giorgio Galli Design Lab.

Production

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

Name

Shortly after purchasing the Waterbury Clock Company in 1941, founder Thomas Olsen renamed the company Timex, as a portmanteau of Time and Kleenex.

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
Galli designs watches for: