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Created 08-27-2017
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Description Takeover of Fraser Hart sees Fields enter British market<br><br>FIELDS, the Dublin based jewellers, is expanding into the British market with the takeover of the 31 store Fraser Hart Group.<br><br>The price paid by Fields was undisclosed, but is it likely to cost the Irish firm <a href="" target="_blank" style="text-decoration: none;">replica bvlgari jewelry</a> at least 60 million based on the profitability of the company. According to documents filed at Companies House in London, Fraser Hart made a profit of 7.5m in the year to end March 2007.<br><br>Fraser Hart has 31 stores across Britain and employs nearly 500 people. The company sells upmarket brands including Rolex, Cartier, Bulgari <a href="" target="_blank" style="text-decoration: none;">copy bvlgari rose gold necklace</a> and Tag Heuer.<br><br>Noel Coyle, chief executive of Fields, said: "Both companies share significant operating synergies and market leading positions, with an ongoing commitment to delivering superior customer service."<br><br>He said the combined businesses will now have 50 shops in Ireland and Britain employing 800 people and sales will be in the region of 120m.<br><br>The push into the British market will not see Fields give up on expansion in the Irish market.<br><br>A new store opened in the St Laurence Centre in Drogheda in June and two more are due to open in Kilkenny and Athlone.<br><br>Fields is owned by brothers Anthony and Nicholas Obernik. Kyran McLaughlin, the Elan and Davy Stockbrokers chairman, is also a shareholder.<br><br>Latest: Teenage footballer loses claim against club for post traumatic stressSoccer player sues club for 'trauma'Teenage footballer loses court case against former club for psychological injuryJoe Schmidt has Ireland warning for Donnacha RyanStorm and Ronan Keating have welcomed their first childWATCH: Imelda <a href="" target="_blank" style="text-decoration: none;">fake bvlgari ring necklace</a> May joins a busker on the streets of London to sing Molly MaloneHere's who will be on The Late Late Show couch on FridayRoadside drug testing kits may not work in cold weatherWoman whose legs were crushed by falling tree wants all palm trees removed from sunbathing areas30k award for woman distressed by videoing of birth in Cork hospital<br><br>NEWSAll New Renault Mgane Launches in Ireland Pricing from 155 per monthAll New Renault Mgane <a href="" target="_blank" style="text-decoration: none;">bulgari earrings fake</a> Launches in Ireland Pricing from 155 per monthWORLDDjakadam gave it his allBUSINESSHuge haul of cigarettes and fuel seized by RevenueMoney laundering fine a 'stain' for AIBSPORTPhilly McMahon 'won't lose any sleep' over Colm CooperRonan O'Mahony raring to go for MunsterLIFESTYLEThree ways to create perfect soft curlsGirl power: Self belief is the jet fuel young girls need<ul>

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