Caitlin Abrams
Pohlads to Sell JB Hudson Jewelers to Iowa Jewelry Company In a deal announced Monday, the Pohlad Cos. will sell JB Hudson to Sioux City, Iowa-based Gunderson’s Jewelers. Caitlin Abrams
The Pohlad Cos. on Monday announced plans to sell JB Hudson Jewelers to Sioux City, Iowa-based Gunderson’s Jewelers.
In a news release, the Pohlad Cos. said the sale is slated to close on March 31. No other financial details were disclosed.
The Pohlads first purchased a majority stake in JB Hudson in 2007. A decade later, Pohlad Cos. became the sole owner of the storied jewelry retailer.
“Following this sale, Gunderson’s will build on JB Hudson’s strong legacy,” said Ben Hawn, chief of staff for the Pohlad Cos. “Customers in this market will continue to enjoy exceptional workmanship in jewelry manufacturing and repair and will benefit from an expanded assortment of fine gifts, jewelry and watch brands.”
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