Panerai valuations

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Officine Panerai is a luxury Italian watch manufacturer, and a wholly owned subsidiary of Compagnie Financière Richemont S.A.

Officine Panerai designs, manufactures and markets watches through authorized dealers and company-owned stores worldwide.[1][3] Giovanni Panerai (1825–1897) founded Officine Panerai in Florence, Italy in 1860.

The company is headquartered in Florence and manufactures watches in Neuchâtel, Switzerland using both movements manufactured in-house and movements manufactured by ETA S.A.[4]