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Pryor Cashman Represents The Aaron Group in Acquisition by Richline

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Pryor Cashman represented The Aaron Group, a leading international jewelry manufacturer and marketer, in its recent acquisition by fine jewelry manufacturer Richline Group, Inc., a wholly-owned subsidiary of Berkshire Hathaway.

Founded in 1950, The Aaron Group has grown from a New York City-based enterprise to a major global force with operations, employees and partnerships spanning three continents. 

In a press release announcing the acquisition, Aaron Group President Robert Kempler stated: “Richline Group support will enable [us] 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.” 

Representing The Aaron Group in this transaction – which closed on January 11, 2017 – were Pryor Cashman Corporate Partner Lawrence Spector and Corporate Associates Francesca Djerejian and Michelle Arbour. 

Partner Alice Stock and Associate LaKeisha Caton handled the labor + employment aspects of the deal. 

More About Pryor Cashman's M&A Practice 

Pryor Cashman’s M&A attorneys service domestic and international clients from a wide range of industries, including energy, software, technology, advertising, apparel, medical supplies and life sciences, on all varieties of business combinations.

To learn more about our experience handling joint ventures, strategic alliances, collaborative arrangements, equity and asset purchases, unsolicited leveraged buyouts, spinoffs, recapitalizations, PIPEs and restructurings, please visit our M&A practice page.