Jan 16, 2017

Richline Group Acquires Leading Jeweller The Aaron Group

Wholly-owned subsidiary of Berkshire Hathaway, the Richline Group, and The Aaron Group, recently made a joint announcement saying that the latter’s business has been acquired by the former, as of January 11, 2017.

The Aaron Group is an international jewellery manufacturer. It has grown from its beginnings in 1950 as a one-man shop to becoming a globally recognised jewellery business with a large number of employees and a network of offices around the world. The Aaron Group’s operations extend to New York, London, Mumbai, Hong Kong, and Guangzhou. A family business till it was acquired, it was most recently headed by third-generation member of the family, Robert (Bobby) Kempler.

“We are extremely excited and energised about joining forces with The Aaron Group,” said Dave Meleski, Richline Group’s President. “The Aaron Group’s differentiated, prime-manufactured products will offer Richline's retail partners a dramatic new range of options and increased value, while preserving the legacy of customer satisfaction that both companies prioritise.”

Robert Kempler, Aaron Group President commented:  “Richline Group support will enable The Aaron Group to grow faster, introduce new designs and collections more rapidly, and expand on our history of success by reaching a broader array of customers and markets. Our mutual goal is to anticipate, foster and drive positive change in our industry.”