M&A Deal Summary

Richline Group Acquires SAMJCO

On October 1, 2012, Richline Group acquired consumer products company SAMJCO

Acquisition Highlights
  • This is Richline Group’s 1st transaction in the Consumer Products sector.
  • This is Richline Group’s 1st transaction in South Africa.

M&A Deal Summary

Date 2012-10-01
Target SAMJCO
Sector Consumer Products
Buyer(s) Richline Group
Deal Type Add-on Acquisition

Target

SAMJCO

Germiston, South Africa
SAMJCO is a manufacturer of silver and gold jewelry.

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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 1 of 7
Sector (Consumer Products) 1 of 5
Type (Add-on Acquisition) 1 of 7
Country (South Africa) 1 of 1
Year (2012) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-31 HONORA

New York, New York, United States

HONORA, Inc. is a manufacturer of various types of jewelries.

Buy -