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For example, Blancpain was founded in 1735 and family owned for about 200 years but eventually was sold to a third party in the 1920s and went out of business completely in the 1960s. Then the name was bought out in the 1980s by Jean-Claude Biver and is now owned by Swatch.
Nobody of any relation of the original founder of the company has any involvement in the operations of the company.
I don't know why but it strikes me as disingenuous to say that Blancpain as a company has been making watches since 1735. The current iteration of the company has existed since 1983.
Ball also like to push their railroad heritage. Originally an American company, now owned by "Hong Kong group Asia Commercial Holdings Ltd." that supposedly manufactures their watches in Switzerland. The current iteration of "BALL watch company" has absolutely no relation to the company that was founded by Webb C. Ball in 1891 other than the name.
Invicta Watch Group has nothing to do with the original company in any shape or form. Doxa is another example as is Stowa.
“Your heart was warm and happy
With the lilt of Irish laughter
Every day and in every way
Now forever and ever after."