Massachusetts-based supplier Pin Machine (PPAI 653591, S5) has acquired GEMPIRE (PPAI 113471, S5). The move bolsters Pin Machine’s product offerings and fortifies its position as a leading supplier of emblematic jewelry.
The Acquisition
Effective immediately, GEMPIRE is now operating under the umbrella of Pin Machine.
GEMPIRE CEO Harvey Mackler, a former recipient of PPAI’s H. Ted Olson Humanitarian of the Year accolade, says the partnership came out of a shared vision for both companies.
“Pin Machine met all of our requirements – they are a perfect complement to what we have accomplished for almost 28 years,” Mackler says.
- The terms of the deal were not disclosed.
- Pin Machine has been in the emblematic jewelry business since 1939.