Looking to broaden its product offering to retail jewelers, HMS Jewelry Co., a subsidiary of Addison, TX-based SGD Holdings, acquired 80% of the common stock of Gem Pack, a Richardson, TX-based importer/wholesaler of custom jewelry. Terms of the deal were not disclosed. HMS sells gold and platinum jewelry to more than 30,000 jewelers via catalogs and the Internet.
HMS Jewelry Acquires Majority Share of Wholesaler
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