Press Releases

The AB Group Acquires Lindsay & Co.

Published

8 years ago

September 2, 2016

INSTORE Staff

(Press Release)
The AB Group, manufacturers of the Legère and W.E. Richards product lines, has purchased the assets of Lindsay & Co. in New York City. Both companies are second-generation family enterprises with a specialty in men’s jewelry, particularly cuff links, shirt studs, money clips, and tie holders.

“We look forward to continuing the Lindsay & Co. tradition of manufacturing high quality men’s jewelry in the United States, while energizing the brand with new designs, marketing, and greater sales distribution,” said Jason Arenburg, president of The AB Group.

“Having worked with The AB Group for the past several years, we are confident that they are capable of producing jewelry of outstanding quality,” said David Hoenig, president of Lindsay & Co. “We know our customers are in good hands, and we are delighted to sell the company to another family-owned business.”

The AB Group plans to keep the Lindsay & Co. trade name, but has moved manufacturing operations to their facility in Attleboro, MA. Customers can continue to reach the company at sales@lindsayco.com and 800-321-9711. A revised catalog and website are scheduled to be launched in October.

You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”