About Swatch Group
Swatch Group is a company based in Biel/bienne (Switzerland) founded in 1983 by Nicolas G Hayek. It operates as a Direct-to-Consumer (D2C), and Reseller / Distribution. The company has 116 employees as of January 13, 2025. Swatch Group has completed 2 acquisitions, including Glashuette Original and Simon Membrez. Swatch Group offers products and services including Luxury Watches, Jewelry, Watch Movements, and Electronic Systems.
- Headquarter Biel/bienne, Switzerland
- Employees 116 as on 13 Jan, 2025
- Founders Nicolas G Hayek
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name The Swatch Group Ltd
- Date of Incorporation 25 Apr, 2000
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$7.44 B (USD)-14.62as on Dec 31, 2024
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Net Profit
$213.03 M (USD)-77.79as on Dec 31, 2024
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EBITDA
$739.55 M (USD)-55.92as on Dec 31, 2024
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Latest Funding Round
- Investors
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Employee Count
116
as on Jan 13, 2025
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Investments & Acquisitions
Glashuette Original
& 1 more
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Products & Services of Swatch Group
Swatch Group offers a comprehensive portfolio of products and services, including Luxury Watches, Jewelry, Watch Movements, and Electronic Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Luxury watches are designed and manufactured with precision.
Jewelry pieces are crafted with high-quality materials meticulously.
Watch movements are produced for internal and external use.
Electronic systems are developed for watchmaking and industries.
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Software Development Team
53 people
Leadership Team
38 people
Sales and Marketing
22 people
Brand Team
20 people
Human Resources and Administration
20 people
Finance and Accounting
17 people
Legal and Compliance
13 people
Responsable Team
11 people
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Funding Insights of Swatch Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2009 | Amount | Grant - Swatch Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Swatch Group
Swatch Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Swatch Group
Swatch Group has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Glashuette Original and Simon Membrez. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of dry lining, plastering, and interior finishing services
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1845 | ||||
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Simon Membrez is based in Switzerland with a .ch domain.
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0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Swatch Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Swatch Group Comparisons
Competitors of Swatch Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Swatch Group
Frequently Asked Questions about Swatch Group
When was Swatch Group founded?
Swatch Group was founded in 1983 and raised its 1st funding round 26 years after it was founded.
Where is Swatch Group located?
Swatch Group is headquartered in Biel/bienne, Switzerland. It is registered at Biel/bienne, Bern, Switzerland.
Who is the current CEO of Swatch Group?
Nick Hayek is the current CEO of Swatch Group.
How many employees does Swatch Group have?
As of Jan 13, 2025, the latest employee count at Swatch Group is 116.
What is the annual revenue of Swatch Group?
Annual revenue of Swatch Group is $7.44B as on Dec 31, 2024.
What does Swatch Group do?
Swatch Group is involved in the design, manufacture, and sale of finished watches, jewelry, watch movements, and components. The company supplies nearly all components required by its 16 watch brands and provides movements and components to third-party watchmakers in Switzerland and globally. Additionally, Swatch Group is active in the production and sale of electronic systems used in watchmaking and other industries. Operations span across various sectors including luxury goods and technology, with a presence in over 50 countries worldwide.
What products or services does Swatch Group offer?
Swatch Group offers Luxury Watches, Jewelry, Watch Movements, and Electronic Systems.
How many acquisitions has Swatch Group made?
Swatch Group has made 2 acquisitions, including Glashuette Original, and Simon Membrez.
Who are Swatch Group's investors?
Swatch Group has 1 investor. Key investors include European Union.