Luxury smartphone manufacturer Vertu is now owned by Godin Holdings, a Hong Kong-based fund, along with "international private investors." Vertu's phones are handmade in England, offering premium materials combined with expert craftsmanship and a round-the-clock Concierge service for last-minute travel arrangements, hotel bookings, and much more.

Following the deal, CEO Massimiliano Pogliani is stepping down after three years at the helm. The manufacturer will retain its operations and manufacturing facility at Hampshire, UK, where it employs 450 people. While Vertu's phones are available for as low as $6,900, customers have the option of customizing the handsets with bespoke colors and leather choices, which rack up the price significantly.

Interested in what you get with a phone that costs $9,000? Check out our review of the Signature Touch:

Vertu Signature Touch review

Source: Financial Times