The Mysterious Ownership of the Prestigious Bulova Watch Company- Who Holds the Reins-
Who owns the Bulova Watch Company? This question has intrigued many watch enthusiasts and business professionals alike. Bulova, a renowned name in the watch industry, has a rich history and a fascinating ownership story that has evolved over the years.
Bulova Watch Company was founded in 1875 by Joseph Bulova in the United States. The brand quickly gained popularity for its innovative designs and high-quality timepieces. Over the years, Bulova has produced numerous iconic watches, including the first watch with a calendar complication and the first quartz watch in the United States.
The ownership of Bulova has changed hands several times since its inception. In 1979, Bulova was acquired by the Swiss watchmaker, SSIH (Société Suisse pour l’Industrie Horlogère). This merger allowed Bulova to benefit from SSIH’s expertise in watchmaking and its global distribution network.
In 1990, Bulova was purchased by the Seiko Group, a Japanese conglomerate and one of the world’s largest watchmakers. The acquisition of Bulova by Seiko was a strategic move to expand the company’s presence in the American market. The partnership between the two brands has resulted in the creation of numerous successful timepieces, combining the traditional Bulova design with Seiko’s advanced technology.
Today, Bulova is a subsidiary of Citizen Watch Co., Ltd., another Japanese watchmaker. Citizen acquired Seiko in 2000, making Bulova a part of the Citizen Group. This acquisition has further strengthened Bulova’s position in the watch industry, allowing the brand to leverage the resources and expertise of its parent company.
The ownership of Bulova Watch Company has always been a testament to the brand’s adaptability and resilience. From its humble beginnings in the United States to its current status as a global watchmaker, Bulova has managed to maintain its identity and reputation for quality. As the brand continues to evolve under the guidance of Citizen Watch Co., Ltd., it remains a symbol of innovation and excellence in the world of horology.
