M&A Deal Summary

Richline Group Acquires The Aaron Group

On January 11, 2017, Richline Group acquired consumer products company The Aaron Group

Acquisition Highlights
  • This is Richline Group’s 5th transaction in the Consumer Products sector.
  • This is Richline Group’s 6th transaction in the United States.
  • This is Richline Group’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2017-01-11
Target The Aaron Group
Sector Consumer Products
Buyer(s) Richline Group
Deal Type Add-on Acquisition

Target

The Aaron Group

Conshohocken, Pennsylvania, United States
The Aaron Group is an international jewelry manufacturer with hundreds of employees in offices around the world. A firm believer in the power of jewelry to connect people, The Aaron Group has grown from its 1950 founding as a one-man shop to become globally recognized in the jewelry industry, with an unblemished reputation for quality, value, and commitment to the customer.

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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 7 of 7
Sector (Consumer Products) 5 of 5
Type (Add-on Acquisition) 7 of 7
State (Pennsylvania) 1 of 1
Country (United States) 6 of 6
Year (2017) 1 of 1
PREVIOUS 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 -