K&M Acquires Assets of Scorpio Accessories

scorpioNew York—K&M L.P. Associates announced today that it has reached an agreement to acquire select assets of Scorpio Accessories LLC, a Warrick, Rhode Island-based jewelry firm founded in 1973.

Scorpio’s compelling product offering and merchandising prowess combined with K&M’s global reach and operational strengths will provide a diverse customer base with the most reliable source for trend-right fashion jewelry, K&M stated.

“We are thrilled to welcome Jim Paolucci Jr. and Scorpio’s clients to the K&M family,” said Richard Marcus, president of K&M Associates, adding, “Our entire team is embolden by the opportunity to deliver to retail partners products with a fresh point of difference. Scorpio has consistently brought energy, excitement and emotion to the fashion jewelry industry and our united organization provides a platform for us to grow together!”

K&M is a division on American Biltrite, Inc., which has three primary operating divisions; the Tape Products Division (adhesive tapes and protective films), American Biltrite Canada Ltd. (commercial flooring), and K&M Associates L.P. (jewelry and accessories).

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