Jonathan Pressley partners with former sales director Howard Levine.
British diamond jewellery manufacturer H Chalfen has been acquired by new owners.
The Hatton Garden-based business has been purchased by Jonathan Pressley, of independent jewellery retailer Pressleys, and Howard Levine, who held the position of sales director with H Chalfen from 2006 until March 2013.
The business was previously owned by Brian Chalfen, who has retired after 49 years in the industry.
Levine will handle and manage all sales and day-to-day operations of the business, which will operate independently from Pressley’s retail interests.
Commenting on the acquisition Pressley commented: “This marks the start of an exciting new chapter for H Chalfen. Howard’s extensive experience and knowledge of the business coupled with his enthusiasm for the product means that he is the ideal person to drive H Chalfen forward.”