The Waltham Watch Company, as it exists today through its successor entity, Waltham International SA, is primarily owned by Italian-American entrepreneur Antonio DiBenedetto. He acquired the majority shares of Waltham International SA in 2011.
The Current Ownership of Waltham
Since 2011, the control of the Waltham brand's modern operations, specifically Waltham International SA, has been under the ownership of Antonio DiBenedetto. This acquisition marked a new chapter for a brand with a rich horological history.
Here's a quick overview of key ownership details:
Aspect | Detail |
---|---|
Current Owner | Antonio DiBenedetto |
Entity Owned | Waltham International SA |
Acquisition Year | 2011 |
A Brief History of the Waltham Brand
The original American Waltham Watch Company, known for its pioneering role in American watchmaking, ceased operations decades ago. However, the brand name and legacy continued through different entities.
- Shift to Switzerland: In 1954, the production associated with the Waltham brand moved from the United States to Switzerland, establishing Waltham International SA. This marked a significant geographical shift in the company's manufacturing base.
- Focus on Asian Markets: Since the 1970s, Waltham International SA has chiefly focused on producing timepieces for the Asian market, maintaining the brand's presence in the global watch industry even after its American origins.
The current ownership by Antonio DiBenedetto continues this legacy, adapting the brand for contemporary markets while drawing on its historical prestige.