Treasured metal expert Stephen Betts Institution has announced the acquisition of Wedding band manufacturer Harmony Wedding Bands.
The sale will positioned Betts metallic Income (BMS) in full manipulate of all aspects of the producing technique for its Wedding earrings, in addition to bringing a devoted team of skilled, revolutionary designers and manufacturers in-house.
Charlie Betts, coping with director at the Stephen Betts Group, stated the deal held “principal blessings” for each businesses:
He stated: “Team spirit’s manufacturing capability is kingdom of the art. With a tune report in all of the contemporary techniques, and know-how in creating unique, new merchandise, adding Team spirit to the Betts portfolio will provide us a ways greater flexibility and comfy our vicinity as a first-rate player inside the Wedding ceremony ring market.
“Being a part of a larger Organization will also absolutely strengthen Team spirit’s brand, even as customers will advantage immediately from the economies of scale afforded through by being part of a group that offers refining, production and device services below one roof.”
The two Birmingham Jewellery Quarter organizations had been running carefully for the beyond years, but Solidarity’s 15 team of workers – such as professional CNC operators with understanding in regions including diamond placing, CAD, finishing and sharpening – will now turn out to be personnel of the Stephen Betts Organization.
Sam Felton, director of Solidarity Wedding ceremony Bands, added: ““This deal makes notable strategic feel for Harmony. BMS has a miles wider client base and Sales crew, which will help us to reach a much wider marketplace, as well as benefiting operationally from integration into a larger Group.’