The Aaron Group said Thursday that it has acquired the assets of Rene Bargueiras Inc. RBI is a manufacturer and distributor of gold jewelry catering to the Hispanic market.

“Joining The Aaron Group allows RBI to leverage its’ merchandising strengths while utilizing the financial, distribution and infrastructure strengths of The Aaron Group,” said Rene Bargueiras, RBI president. “We are thrilled to be joining an industry powerhouse like The Aaron Group and know it will allow us to continue to grow our business and assortments for our valued customers.”

“Having a well respected company like RBI join The Aaron Group will compliment our existing businesses and merchandising lines and allow us to deliver even more product categories to our customers,” added Robert Kempler, The Aaron Group president and chief executive officer. “We are delighted to have RBI join us and I look forward to working with Rene to build an even more successful company.”

The Aaron Group, New York, is a manufacturer and exporter of fine jewelry, with offices in the United States, Thailand, Costa Rica, and India.

JCK