Riga, 2012-09-11 14:16 CEST (GLOBE NEWSWIRE) -- In 2005 Sanjiv Mehta, an Indian Entrepreneur, acquired the East India Company (EIC) from 33 different share holders. Following which, the company spent five years and invested over £20 million to rebuild and position The East India Company as a luxury brand today.
“The East India Company was the world’s first truly global brand spanning continents and centuries, and had a profound impact on the development of international trade. This immense vision and scope finds a parallel with Mahindra’s own global aspirations to think beyond its size. We are absolutely delighted to be associated with such a prestigious brand and look forward to further enhancing its equity across the world,” said Mr. Anand mahindra Vice Chairman and Managing director, Mahindra Group.
EIC is a multi-channel business dealing with precious metals, fine food, bespoke furniture, real estate, publishing, fashion, art and jewellery.
As for the first EIC product, Goldinvest Asset Management offers an exclusive and unique masterpiece – a 1 kg gold and silver medallion, which is adorned with 102 diamonds, weighing a total of 2 ct. The medallion was forged to mark the 60th anniversary of the Queen Elizabeth II’s reign. It has extremely low mintage of just 60 gold or silver medallions around the world.
About JSC “Goldinvest Asset Management”:
“Goldinvest Asset Management” was founded in 1997 and its key business areas include purchase, processing and sales of household and industrial precious metals, as well as purchase and sales of precious investment metals (gold, palladium, platinum, silver, etc.). The company grants also loans against precious metal pledge. The company has established an affiliated company in Russia, a branch in Lithuania. Shares of the company are listed on the alternative market First North of the stock market NASDAQ OMX Riga. See more information about JSC “Goldinvest Asset Management”: http://www.latgold.lv/
More information:
Mr Arnis Linde
Project Manager
JSC “Goldinvest Asset Management”
Phone: +371 22050691
E-mail: arnis.linde@latgold.lv
Certified adviser:
Mr Girts Apsitis
Chairman of the board
“Ardente” Ltd
Phone: +371 29466577
E-mail: ardente@ardente.lv