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Tuesday, February 13, 2007

Gitanjali Partners With Tri-Star Worldwide

(via) National Jeweler Network writes:

Gitanjali USA Inc., a subsidiary of Gitanjali Gems Ltd., announced the purchase of a majority interest in Tri-Star Worldwide LLC, a BHP sightholder, CanadaMark licensee, manufacturer and global distributor of Canadia-brand diamonds and diamond jewelry.

"We are excited to have partnered with Gitanjali, the most vertically integrated diamond house in the world," Tri-Star Chief Executive Officer Oren Sofer said in a statement.

"Gitanjali has extensive global distribution channels. This will help Tri-Star to propel Canadia to new levels not only in our existing markets of North America and the United Kingdom, but also in the Indian and Middle Eastern markets where they have well-established retail networks."

More info @ http://www.nationaljewelernetwork.com/njn/content_display/diamonds/e3ica3d2cfe98b3521902f113461f115762

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