Weindling, Two Indian Companies Merge

Indian companies continue to link up with U.S. companies to get access to the American market. In the latest example, Weindling International has joined with India's M. Suresh, a DTC sightholder, and AS Export, an Indian jewelry manufacturer, to form a new, as yet unnamed, entity. Alexander Weindling, who will be CEO of the company's U.S. branch, said this merger differs from the other "multi-layered" partnerships between Indian and U.S. companies. Instead of one company buying the other, he said, the companies are swapping stock to form a new, integrated, global corporation. He declined to give the percentage of each party's equity holding. "Never before in my knowledge has a sightholder invited two companies into their sightholding entity," Weindling said. "This will be built to last." He said the company is looking at branding and marketing initiatives but for now is staying o
JCK PRO

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).

SUBSCRIBE TO CONTINUE

Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out