GradingMay 26, 2023
State of the Diamond Industry: AI and the Future of Diamond GradingGemologists have long used machines in diamond grading but technology has made it possible for them to “learn” how to do it on their own.
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30 results for “Mergers & Acquisitions”
GradingMay 22, 2023
Blackstone Officially Inks Deal to Acquire IGIBlackstone is buying the 80 percent stake in the lab owned by a Chinese company as well as the 20 percent held by the Lorie family.
GradingMay 19, 2023
Report: Blackstone to Buy IGI for Up to $550MThe deal could be signed as early as this weekend, according to a report by The Economic Times.
FinancialsMay 15, 2023
Richemont Chair Shoots Down Reports of Acquisition by LVMH The company reported record sales, driven by desire for classic lines like Cartier “Panthère” and “Alhambra” from Van Cleef & Arpels.
GradingMay 11, 2023
Sarine Completes Acquisition of Majority Stake in GCALThe new corporation, GCAL USA LLC, will be part of the Sarine Group and its grading reports will read “GCAL by Sarine.”
MajorsApr 05, 2023
Gismondi 1754 Acquires Vendorafa from LVMHGismondi 1754 now owns Vendorafa’s fine jewelry brand while LVMH retains its manufacturing division.
SourcingApr 04, 2023
Botswana Government Takes Stake in HB Antwerp The news came as the diamond manufacturer officially opened a new factory in Gaborone, its first outside Antwerp.
SourcingMar 23, 2023
Burgundy Diamond Backing Out of Ellendale Mine Deal Burgundy has opted not to exercise its option to buy the mining claims Gibb River Diamonds currently owns.
SourcingMar 15, 2023
Canada’s Ekati Diamond Mine to Get a New OwnerAustralian mining company Burgundy Diamond Mines announced plans to buy the mine in a deal valued at $136 million.
AuctionsFeb 10, 2023
Report: Private Equity Firm Looking to Sell Bonhams Epiris reportedly is in the early stages of gauging market interest in the auction house, which it acquired in 2018.
MajorsJan 20, 2023
Quality Gold Acquires Herco Herco President Reuven Itelman is retiring and selling the company, which will relocate to Ohio from California.
GradingJan 17, 2023
IGI CEO Confirms Report of Potential Sale The company that owns an 80 percent stake in the Antwerp-based lab reportedly believes it is worth more than $200 million.
GradingJan 13, 2023
Sarine To Acquire Majority Stake in GCAL The acquisition allows GCAL to expand overseas while giving Sarine a “recognized and respected” channel for offering eGrading in the U.S.
Recorded WebinarsDec 15, 2022
Watch: Looking Back on 2022In the final “My Next Question” of 2022, National Jeweler’s editors discuss the year’s top stories and reveal their predictions for 2023.
MajorsNov 29, 2022
LVMH Acquires Jewelry Manufacturer Pedemonte GroupThe strategic acquisition will bolster the luxury titan’s production capacity in its watch and jewelry division.
MajorsNov 21, 2022
JK Findings Acquires Intercept Silver & Jewelry CareIntercept Silver & Jewelry Care distributes anti-corrosion and anti-tarnish products.
MajorsOct 25, 2022
Following Series of Acquisitions, Quality Gold To Go PublicThe jewelry wholesaler and distributor plans to enter the public market through a merger with Tastemaker Acquisition Corp., a SPAC.
GradingOct 21, 2022
Why AGS Is Closing Its Lab, Merging It With GIA CEO Katherine Bodoh said the merger will allow AGS to focus on its “original vision” as a trade organization and grow Conclave.
MajorsOct 20, 2022
Bucherer USA Acquires California Retailer Leeds & SonFounded in 1947, the store is Palm Desert, California’s only official retailer for Rolex, Patek Philippe, and Tudor.
AuctionsSep 19, 2022
Auction Houses Rago/Wright, Toomey & Co. MergeToomey & Co. will keep its name but relocate from the Illinois suburb of Oak Park to Rago/Wright’s Chicago headquarters.
MajorsSep 07, 2022
Signet Seals the Deal on Blue Nile AcquisitionThe jewelry giant has purchased Blue Nile for $360 million in cash as it looks to draw in younger, richer tech-savvy consumers.
EditorsAug 23, 2022
What Signet’s Blue Nile Acquisition Could Mean for the Jewelry IndustryHere’s why one analyst called it the best deal Signet has done in decades as well as thoughts on the company “getting too big.”
MajorsAug 09, 2022
Signet to Buy Blue Nile in $360M DealThe jewelry giant said the acquisition will allow it to tap into a pool of customers who are younger, more affluent and ethnically diverse.
AuctionsJun 29, 2022
Bonhams Expands Again with Purchase of Paris Auction House It is the fifth acquisition under the ownership of private equity firm Epiris, which bought Bonhams in 2018.
MajorsJun 13, 2022
Blue Nile to Become a Public Company Again It is merging with a special purpose acquisition company called Mudrick Capital Acquisition Corporation II.
