Purchase of jeweller Amor adds shine to 3i portfolio

first_img Share Tags: NULL whatsapp PRIVATE equity investor 3i has added new sparkle to its European portfolio after buying German jewellery supplier Amor yesterday.Amor, which sells more than eight million pieces of affordable jewellery each year, has been sold by Pamplona Capital Management for an undisclosed amount. Pamplona acquired Amor in 2006 and has grown it into a significant international business. 3i intends to strengthen this presence and expand it into further overseas markets.Peter Wirtz, managing director of 3i Deutschland, said Amor had experienced continuous growth over several years and 3i was “convinced of the great potential the company has for further growth.”“We are delighted about this investment,” he said. Family-owned Amor is Germany’s largest wholesale and in-store jewellery retailer and sources, distributes and supplies jewellery to retail outlets. Tuesday 14 December 2010 8:15 pm KCS-content Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap Show Comments ▼ whatsapp Purchase of jeweller Amor adds shine to 3i portfolio last_img

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