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Industry veterans acquire Karat Imports

It’s business as usual at Karat Imports, as the company welcomes its new owners.

Vic and Tina Vasvani are taking over from Kari and Riitta Kutvonen, who are retiring from the company they built over the last 33 years.

According to a press release, Kari will continue his association with the company, acting as a guide and mentor to the Vasvanis. Both Vic and Tina bring 25 years’ experience to the company—he in fine jewellery manufacturing and she in design.

“We are pleased to announce all the current Karat Imports staff and sales reps will continue in their roles with us,” they said. “In addition to adding new members to the sales team, we will be bringing exciting new supporting lines featuring diamonds, pearls, sterling silver, and alternative metals to offer Canadian jewellers more choice to meet the demand. We look forward to working closely with Canadian retailers and industry professionals. We thank both Riitta and Kari for their contribution to the industry over the years and wish them well as they enjoy their well-deserved retirement.”

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