Aurafin OroAmerica Acquires Gold Earring Manufacturer

January 30, 2002

Aurafin OroAmerica Acquires Gold Earring Manufacturer

Privately held Aurafin OroAmerica LLC, Fort Lauderdale, FL, agreed to acquire the assets of Little & Co., Providence, RI.

Founded in 1906, Little & Co. specializes in making popularly priced karat gold earrings. The company produced and distributed over 2 million pairs in 2001. Little & Co.'s vertical manufacturing operations include a mill division that forms gold tubing used in earring production.

The addition of Little & Co.'s earring manufacturing expertise further enhances Aurafin OroAmerica's price-pointed karat gold jewelry line," says Michael Gusky, chairman and CEO of Aurafin OroAmerica. "Combining greater control of the supply chain and our distribution strength allows us to better serve the increasing demands of the nation's largest retailers."

Aurafin OroAmerica, celebrating its 20th anniversary this year, manufactures and distributes fine karat gold jewelry to retail jewelers, jewelry chain stores, discount stores, department stores, and television shopping networks under the Aurafin® Gold Jewelry, OroAmerica® and Leach & Garner® Gold brands.

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