Companies

Zenith

The watch firm of Le Locle founded by Georges Favre-Jacot in 1865, which brought the watch trades together in one large works and has belonged to LVMH since 1999.

Founded 1865, Le Locle, Switzerland, Owned by LVMH, since 1999

In the history Switzerland’s network of specialists

The open back of a worn gilt pocket watch showing its brass movement with the word "Zenith" engraved on the bridge, wheels and a balance.
Zenith pocket watch movement, 1900-1910.5 Photograph: Prunk (public domain). View full original at Wikimedia Commons (opens in a new tab) · 2,048 × 1,536 px; Public domain (opens in a new tab).

The Le Locle works

Zenith began in Le Locle in 1865 as the watch factory of Georges Favre-Jacot, the name its founder, born Favre-Bulle, took on marrying.1, 2, 3

Its works on the rue des Billodes grew into an industrial site that brought the watch trades under one roof. Zenith calls it "the first integrated watch manufacture in Switzerland" and says it covered 17,000 m2 and was linked to Le Locle station; the "first" is the company's claim: Jaeger-LeCoultre says LeCoultre united all the crafts under one roof at Le Sentier in 1866, and Longines dates its factory to 1867.2, 3, 6, 7

The firm grew fast: 291 employees in 1882 and 1,200 in 1914, according to the Historical Dictionary of Switzerland; Zenith says up to 2,000 in the early 20th century.1, 2

A time line of Zenith from 1865 to today. Dots mark the key dates.
Zenith from 1865 to today. The dots are its key dates.1, 2, 4

A name and a family firm

Sources disagree on the name. Zenith says its calibre won the Grand Prix at the Paris exhibition of 1900 and the firm took the name from it; the Historical Dictionary of Switzerland says the company was renamed after a movement created in 1905, when it became SA Fabrique de montres Zénith in 1911; English Wikipedia gives 1912.1, 2, 4

In 1911 Favre-Jacot handed the management to Jämes Favre, his nephew and son-in-law.1, 3

Until the mid-1940s the company also made war and aviation material and ran a foundry.1, 8

The Espace Horloger at Le Sentier says Zenith opened a factory there, in the Vallée de Joux, in 1917; it passed to LeCoultre in 1927.9

Later owners

From 1949 to 1972 its capital was in the hands of the bank DuPasquier-Montmollin; an American buyer (Zenith Radio Corporation) took over in 1972, the Le Locle machine-tool maker Dixi in 1978, and LVMH in 1999.1, 4

The automatic chronograph movement El Primero went on sale in 1969.1, 4

Key dates

  1. 1865

    Georges Favre-Jacot founds his watch factory in Le Locle.1, 2

  2. 1900

    Grand Prix at Paris for the Zenith calibre (company account).2

  3. 1911

    Favre-Jacot retires; Jämes Favre takes over; firm becomes SA Fabrique de montres Zénith (HLS).1, 3

  4. 1969

    El Primero automatic chronograph.1, 4

  5. 1999

    Bought by LVMH.1, 4

Where Zenith leads

Elsewhere in Watch Vault

Facts and sources

Founded
18651, 2, 4
Founded in
Le Locle, Switzerland1, 2
Owner
LVMH, since 19991, 4

Sources

  1. 1

    Zenith (opens in a new tab), Dictionnaire historique de la Suisse (DHS), independent

  2. 2

    Georges Favre-Jacot - Visionary Watchmaker (opens in a new tab), Zenith (archived copy), official, archived copy

  3. 3

    Georges Favre-Jacot (opens in a new tab), Wikipédia (fr), independent

  4. 4

    Zenith (watchmaker) (opens in a new tab), Wikipedia, independent

  5. 5

    Zenith pocket watch movement, 1900-1910. (opens in a new tab), Wikimedia Commons, public record

  6. 6

    The genesis of precision (opens in a new tab), Jaeger-LeCoultre, official

  7. 7

    History (opens in a new tab), Longines, official

  8. 8

    Le Locle (opens in a new tab), Dictionnaire historique de la Suisse (DHS), independent

  9. 9

    Our history (opens in a new tab), Espace Horloger de la Vallée de Joux (museum, Le Sentier), independent

  10. 10

    LVMH 1999 Annual Report (opens in a new tab), LVMH (copy held by the Universitat Autònoma de Barcelona digital repository), official

Sources read November 11, 2026.