One of the best timepiece company "the Officine Panerai" was established by an Italain named Giovanni Panerai in Florence in Italy in 1860. Later the company went under the control of his grandson, Guido Panerai. The company became the official supplier of precision instruments and wrist watches in 1900.
They supplied them to the Regia Marina. Earlier they crafted the cases only but in 1997, The Financiere Richemont S.A. bought the company. And since after the change in ownership, the company has crafted the most brilliant and beautiful watches of the world. They are strongest, most solid and most stylish watches ever created.