Marathon Company, the maker of Kiddie Kraft jewellery, has announced its acquisition of the LeStage Manufacturing Company. The amount of the transaction has not been disclosed.
Based in Attleboro Falls, Massachusetts, LeStage is a family-owned jewellery manufacturer with a 153-year history. Most recently, the company has been known for its Cape Cod Jewelry collection and the Le Stage Convertible Collection of bracelets and interchangeable clasps.
Marathon, also a family-owned business backed by centuries of tradition, says it will continue to manufacture LeStage’s lines within the United States.
“As a family-owned and -operated business ourselves, we understand the responsibility that comes with building on the LeStage name, and we are proud to have the opportunity to do so,” says Marathon president Roger Forman.
LeStage president Garner LeStage adds that his company is “delighted” to entrust its legacy to Marathon. “We feel as if we are handing the reins to our own progeny rather than selling the company.” CJ