Astley Clarke owner Aeternum Holding acquires Edge of Ember
Aeternum Holding, the parent company of Astley Clarke, has acquired the Edge of Ember jewellery brand – with both brands now united under the same leadership.
As part of the transition, Scott Thomson, who has served as CEO of Astley Clarke since 2013, is stepping down, and Lynette Ong, Founder of Edge of Ember, will take the helm of both brands.
Ong, a Singaporean-born entrepreneur with a strong background in finance, "brings a global perspective, a deep-rooted passion for the industry and a desire to drive both brands forward in parallel".
The acquisition aims to create a new identity that "honours the distinct legacy of Astley Clarke" while integrating the contemporary, ethical values championed by Edge of Ember.
Each brand will continue to operate their own consumer and wholesale channels, maintaining their distinct identities and collections, while benefiting from a centralised team focused on shared innovation and operational efficiency.
Lynette Ong said: "I am excited to step into this role and lead both Astley Clarke and Edge of Ember into their next phase of growth. By combining our strengths, and leveraging the shared learnings from both, we will be well positioned to unlock huge potential of each brand and continue to create exceptional jewellery that resonates with our customers."
Markus D. Lampe, CEO of Aeternum Holding, added: "I would like to express my sincere gratitude to Scott for his exceptional leadership at Astley Clarke over the past 11 years, during which he has built one of London’s most admired premium jewellery brands.
"As we welcome Lynette, a visionary female entrepreneur, to lead both Astley Clarke and Edge of Ember, we are excited to embark on a new chapter for these two iconic brands.
"Under her leadership, consumers can look forward to exquisitely designed jewellery that not only captures the essence of modern elegancem but is also crafted with a conscious commitment to sustainability and empowerment with a focus on consumer experience - values that are deeply important to us as an investor."