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Quality Gold, Inc. Announces Acquisition Of Herco Jewelry Company

PRIVATEJan 19, 2023

Acquiring Company

Quality Gold

Acquired Company

HERCO Jewelry Company

E CommerceFashionRetailJewelryE CommerceFashionRetailJewelry

Description

Quality Gold, Inc. and certain of its affiliates and subsidiaries (“Quality Gold” or the “Company”), a leading vertically integrated specialty logistics and jewelry distributor that has entered into a business combination agreement (the “Business Combination Agreement”) with Tastemaker Acquisition Corp. (Nasdaq: TMKR) (“TMKR” or Tastemaker”), today announced it has signed a definitive agreement to acquire HERCO Jewelry Company (“HERCO”), a leading family-owned wholesale jewelry company specializing in higher-end 14K, 18K, and Platinum designs. The acquisition is expected to be completed by mid-February.

Quick answer

Quality Gold is acquiring HERCO Jewelry Company, announced January 19, 2023.

How much did Quality Gold pay for HERCO Jewelry Company?
The deal value was not disclosed.
What does Quality Gold do?
Founded in 1979, Quality Gold, Inc. is a global company headquartered in Fairfield, Ohio, and operates within the United States, Canada and India.

Source: Fundz verified event record.

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Company Information

Company

Quality Gold

About

Founded in 1979, Quality Gold, Inc. is a global company headquartered in Fairfield, Ohio, and operates within the United States, Canada and India. The Company offers more than 165,000 jewelry and gift products that are available to ship same day. Quality Gold actively serves more than 15,000 retailers across the United States, its territories, and Canada. The Company’s business has been built on a commitment to provide the largest selection of products, the best service, and the best value to its customers. For more information, please visit https://www.qgold.com/.

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Frequently asked

Who acquired HERCO Jewelry Company?

HERCO Jewelry Company was acquired by Quality Gold. The deal was reported on January 19, 2023. Founded in 1979, Quality Gold, Inc. is a global company headquartered in Fairfield, Ohio, and operates within the United States, Canada and India. Quality Gold is privately held and operates in E Commerce.

When did Quality Gold acquire HERCO Jewelry Company?

Quality Gold's acquisition of HERCO Jewelry Company was reported on January 19, 2023. Quality Gold, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does HERCO Jewelry Company do?

HERCO Jewelry Company is an American fine jewelry wholesaler, family-owned and operated since 1979. HERCO specializes in high-end 14K, 18K, Platinum, and diamond products available through luxury retail establishments. It is privately held, operating in E Commerce.

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