A New York-based manufacturer and wholesaler of precious metal products has expanded its portfolio with the purchase of anti-corrosion/anti-tarnish products distributor.
JK Findings has acquired Intercept Silver & Jewelry Care, LLC, master distributor of the proprietary Intercept Technology anti-corrosion and anti-tarnish products designed for the silver and jewellery industries.
The purchase, which marks JK Findings’ first acquisition since its assets were acquired by private investment firm Latitude 27 Capital, aligns with the company’s strategy of offering a broad selection of products to complement its portfolio of jewellery findings and finished pieces.
“The addition of Intercept fits perfectly with our strategy to grow JK, both organically and through selective acquisitions of synergistic companies,” says JK Findings CEO, Joni Lucas. “Intercept’s line of products has an outstanding reputation in the marketplace and is a perfect addition to our already comprehensive market offerings.”