- Techniques d'Avant Garde
TAG Group (Holdings) SA is a private holding company based in
Luxembourg City , in southernLuxembourg . At the head isMansour Ojjeh son of the founder of the TAG GroupAkram Ojjeh , who was a wealthy Saudi entrepreneur. TAG is an acronym of Techniques d'Avant Garde.History
TAG was formed in 1975.
TAG Heuer was formed as a subsidiary in 1985 when TAG bought Heuer, a renowned watchmaker specializing in racing chronographs. Together they modernised the product line and became one of the biggest names inSwiss watch es. TAG Heuer was separated from the group in the 1990s and was acquired byLVMH in 1999 for $740 millionUSD . [http://money.cnn.com/1999/09/13/europe/lvmh/]Activities
Aviation
TAG Aeronautics is distributor of
Bombardier aircraft for the Middle East.Based in Geneva, Switzerland, TAG Aviation is a provider of business aviation services, aircraft management, aircraft charter, maintenance, sales and acquisitions. TAG Aviation USA, Inc is a U.S. aviation management company located in San Francisco. TAG is a broker for and part owner of the AMI Jet Charter company in San Francisco that holds the FAA air carrier certificate to operate in the U.S. In late 2007 AMI Jet Charter's air carrier certificate was revoked by the FAA due to operational control violations. The company now operates solely as a broker of aircraft.
TAG Farnborough Airport Ltd. is a subsidiary of TAG Aviation which holds a 99 year lease on Farnborough Airport from the United Kingdom Ministry of Defence.
Motorsport
TAG sponsored
WilliamsF1 in the early 1980s and funded the construction of turbochargedPorsche engines for McLaren International in the mid 1980s. The McLaren relationship continues to this day, with the TAG Group holding 15% of theMcLaren Group (Daimler AG andRon Dennis own 40% and 15% shares respectively).Other
Other areas of business include advanced technology, real estate and consumer products.
External links
* [http://www.tagheuer.com/ TAGHEUER]
* [http://www.tagaviation.com/ TAG Aviation]
* [http://www.flyblink.com/ Blink air charter]
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