RRS Enterprise Investments (RRSEI) Acquires Excedo Luxuria

RRS ENTERPRISE INVESTMENTS (RRSEI) ACQUIRES EXCEDO LUXURIA - RAPID ACQUISTION

RRSEI, a private angel investment fund, with interests in Information Security, Fashion and Education, has acquired full frame of the UK based bespoke jewellery house Excedo Luxuria for a undisclosed amount. Founded in 2008, Excedo Luxuria is perhaps best known for creating high value jewellery and fashion accessories for the 'Media Shy' around the world, while maintaining a strong policy 100% discretion, though the company unofficially announced it would be entering into the Distribution market in Q4 of 2010, there was no further actions seen.

Excedo Luxuria CCO, CO-FOUNDER and majority shareholder, Romeo Pascal's ailing health, lead to speculation that the members of the founding team might be willing to sell, though there was no official comment released.

Following the RRSEI announcement, Excedo Luxuria's website has been taken offline.

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Tags: Excedo Luxuria, fashion, Rahul Kapoor


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