|
Abbeycrest
was established in 1979 by Michael Lever and Peter Rosenberg, and grew rapidly to
become the
UK’s leading supplier of gold products to the jewellery trade. In 1985 it joined the
Unlisted Securities Market, achieving a full listing in 1988.
In 1989 Abbeycrest moved into gemset jewellery with the acquisition of a Birmingham
based manufacturer, Gallery Jewellers Limited. 1996 saw a major re-structuring of
the Group’s operations. G & A Limited
became the commercial headquarters for the Group, providing a single administration
and distribution point from its purpose built premises in Leeds, Yorkshire.
Next came the acquisition of Thai manufacturer Essex International pcl
and the establishment of a new company Dynamic Creations
Limited in Hong Kong, giving the Group improved access to Far Eastern
resources, and a higher degree of control over quality and manufacturing.
Further domestic acquisitions include, in early 2001 – Brown
& Newirth Limited, recognised as the leading manufacturer
in the highly specialised area of wedding rings.
February 2003 saw the launch of Abbeycrest Thailand Limited,
with the opening of a purpose built £2m factory in Lamphun, further strengthening
the Group’s Far Eastern manufacturing capacity. The subsequent merger of Abbeycrest
Thailand and Essex International pcl brings all Thai based manufacturing operations
onto one site.
This degree of vertical integration has enabled the Group and it’s customers to
benefit from highly competitive Far East manufacturing combined with UK design and
engineering expertise.
|
