The parent company of Gecko jewellery, which creates Fiorelli, D for Diamond and Fred Bennett, has been sold to the Heimerle and Meule Group.
The sale includes all three businesses under WB The Creative Jewellery Group’s umbrella: precious jewellery brand Domino, the casting, 3D printing and bespoke manufacturing company Weston Beamor and silver and fashion jewellery brand Gecko.
The Heimerle and Meule Group is the precious metals division of L. Possehl and Co. mbH, which comprises more than 160 companies operating in over 30 different countries including Germany.
Under the deal each of WB The Creative Jewellery Group’s 180 current staff members will retain their jobs and the businesses will continue to be run independently by the existing management team under the leadership of managing director Andrew Morton. Co-owners Patrick and Vivian Fuller (pictured above) will hold an ambassadorial role within the business and fully retire respectively.
“Vivian and I have enjoyed building WB The Creative Jewellery Group over the past 40 years to become a major supplier within the jewellery industry but it is now time for us to retire and hand over the further development of the business to the very capable team who are already in place,” says Patrick Fuller. “We believe that while the business will be independently run, operating within the same Group as Cookson Precious Metals Ltd and Possehl’s other precious metal companies will bring real advantages in the future.”
Andrew Morton adds: “There will undoubtedly be new opportunities for WB The Creative Jewellery Group as part of a sizeable European conglomerate and I too am very optimistic for the future.”