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Green + Benz undergoes management buy-out

Green + Benz undergoes management buy-out

Independent contemporary retail jewellery specialist Green + Benz has been sold to a management buy-out team, led by the company’s incumbent managing director Helen Dimmick, for an undisclosed sum.

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Helen (pictured) will take a controlling stake in the business, which operates across four stores in Manchester, Sheffield and Chesterfield, employing 31 staff members. She is joined on the new board by the company’s current finance and operations director, Mark Williams, and chairman of T H Baker, Alan Higgs.

“Green + Benz is in excellent shape; the great relationship with our suppliers ensures we constantly anticipate retail trends and the dedication and loyalty of our staff is second-to-none. To lead the management buy-out of such a prestigious and well-respected retail jewellery business is a truly wonderful opportunity,” said Helen.

“Of course we will not rest on our laurels, and plans are in place to increase the turnover of the business in the next five years with store developments, expanding product ranges and services and online technology all avenues that will be explored further.

“For me, integrity and ethos will always be the core of the jewellery business, and with each step I will continue to demand best practice to meet these beliefs.”

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