Colibri Acquires Supplier Assests

The Colibri Group recently acquired the assets of Gold and Diamond Merchants, a major fine jewelry supplier to independent jewelers. According to Fred Levinger, president and chief executive officer of The Colibri Group, “The Seth Thomas acquisition in 2001 has proved to be a positive addition to [our] clock and gift division, and we are hopeful that the GDM acquisition lives up to the same promise.”