M&A Deal Summary

Richline Group Acquires John C. Nordt

On May 19, 2016, Richline Group acquired metals/mining company John C. Nordt

Acquisition Highlights
  • This is Richline Group’s 1st transaction in the Metals/Mining sector.
  • This is Richline Group’s 4th transaction in the United States.
  • This is Richline Group’s 1st transaction in Virginia.

M&A Deal Summary

Date 2016-05-19
Target John C. Nordt
Sector Metals/Mining
Buyer(s) Richline Group
Deal Type Add-on Acquisition

Target

John C. Nordt

Roanoke, Virginia, United States
John C. Nordt Co. is a manufacturer and supplier of precious metal products to the jewelry industry.

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Buyer(S) 1

Buyer

Richline Group

Tamarac, Florida, United States

Category Company
Founded 1982
Sector Apparel/Textiles
DESCRIPTION

Richline Group, Inc. was formerly known as (Aurafin LLC) a U.S. manufacturer and distributor of moderately priced gold jewelry. The Richline Group will maintain the highest standards of integrity in every action we take. We will utilize our leadership position to advance the relevance of the jewelry industry and responsibly fulfill our commitments. We will inspire our employees to grow and reach their potential. Innovation, technology, creativity and collaboration.


DEAL STATS #
Overall 5 of 7
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 5 of 7
State (Virginia) 1 of 1
Country (United States) 4 of 6
Year (2016) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-27 Gemvara

Boston, Massachusetts, United States

Gemvara, Inc. is an online retailer of customizable fine jewelry that includes rings, necklaces, bracelets, pendants, earrings and jewelry gifts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-21 Silpada Designs

Lenexa, Kansas, United States

Silpada Designs, Inc. is a designer and direct seller of sterling silver jewelry with operations in the United States, Canada and the United Kingdom.

Buy -