FAIRFIELD, NJ — Bergio International Inc. has acquired online jewelry retailer Aphrodite’s.
Bergio (OTC PINK:BRGO), a designer, manufacturer and retail outlet for the Bergio Brand of designer jewelry, bought the company from Digital Age Business Inc. Aphrodite’s, which launched in 2016, had revenue of more than $10 million in 2020.
Jonathan Foltz, CEO of Digital Age Business, said: “The vision of Aphrodite’s was to leave a considerable footprint in the women’s lifestyle industry with something new and exciting around the globe. We have grown incredibly fast without a single outside equity investor, and I believe it is time for us now to get to the next level. We most definitely cannot do this alone.
“With the support from Berge Abajian, an incredible business mind and 3rd generation jeweler, we are adding important components to the business of jewelry & accessories, including Bergio’s connections to factories and manufacturing and operational skill sets that are needed. I am seeing incredible synergies between the two companies that will highly benefit from each other’s collaboration.”
Berge Abajian, CEO of Bergio, said, “We have always intended to expand the Company’s retail brick-and-mortar presence across the globe, but with the technological platform and personnel’s expertise we have acquired in this transaction, we can now also immediately become a direct to consumer ‘player’ in the global internet jewelry market.”
Further details of the transaction were released in a filing with the U.S. Securities and Exchange Commission.