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RAPAPORT... The Aaron Group acquired the assets of Armadani Inc. for an undisclosed sum. Armadani is a designing and manufacturing brand for custom jewelry, specializing in bridal designs and proprietary color fashion jewelry. In a joint statement, Kevin Brosh and Art Jacoby, of Armadani, confirmed that by joining the Aaron Group the brand can leverage sourcing and manufacturing strengths, while utilizing the Aaron Group's existing capital base and infrastructure to enhance the business. "We are excited to be joining a well-respected strong company and know it will allow us to continue our visions of growth and product development to our valued clients," Brosh and Jacoby said. Robert Kempler, the CEO of the Aaron Group, said, "Having a well respected company of Armadani's stature joining our family complements our existing business and allows us to diversify our clients and customer base. We are thrilled to have Art, Kevin and their team become part of the Aaron Group." Brosh and Jacoby will continue in their leadership roles and join the Aaron Group's executive team.
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