WB The Creative Jewellery Group acquires Gecko Jewellery
BIRMINGHAM, England, June 2012 – WB The Creative Jewellery Group, the parent company of the Domino, Weston Beamor and Advalorem brands, has announced the acquisition of Gecko Jewellery.
Bringing Gecko within WB The Creative Jewellery Group’s umbrella will make the Group a major force in the marketplace. With a total staff of around 160 and a combined turnover in excess of £32 million it is believed that it is now one of the largest and most significant jewellery businesses in the UK.
Patrick Fuller – Joint Chairman of WB The Creative Jewellery Group
In recent years WB The Creative Jewellery Group has established itself as a major European manufacturing and design house in the bespoke, 18ct gold and platinum precious-jewellery arena.
Gecko Jewellery, on the other hand, enjoys a formidable status as a leading force in branded, fashion silver and gold jewellery and has a reputation for service which scooped it the ‘Supplier of the Year Award’ in the UK Jewellery Awards in 2010.
It is particularly well-known for its ‘Elements’ and ‘Fiorelli’ collections for women, its ‘Fred Bennett’ range for men and its ‘D for Diamond’ jewellery for children.
“We see the addition of Gecko to the WB Group as being a significant step towards being able to offer jewellery retailers throughout Europe a complete solution to their jewellery needs,” said the Group’s joint chairman Patrick Fuller.
“Gecko, like the WB Group, has built its business by providing great design, innovation and service and we believe there is tremendous synergy between our companies. Bringing them together will undoubtedly provide tremendous new opportunities for both businesses and for their customers.”
Barry Bennett and Kate Carling, the founders of Gecko, along with their fellow owner Mark Stimson, will remain with the business during the handover period and it is WB The Creative Jewellery Group’s intention that the company will continue to trade as a separate entity with its current management and staff.
Andrew Morton, who is Managing Director of all the companies within WB The Creative Jewellery Group, will also become managing director of Gecko Jewellery.