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Wednesday, July 17, 2019

Cornes

Japanese conglomerate Cornes has bought a minority stake in Green Rocks and Isrough, two lab-grown diamond companies linked to Israel diamond dealer Ofer Mizrahi. Mizrahi, whose natural diamond company, Ofer Mizrahi Diamonds (OMD), has regularly topped Israeli export charts, owns a personal majority stake in Israel diamond grower Isrough, a joint venture with the Israeli Center of Diamond Technologies.

OMD is the majority owner of Green Rocks, an Aventura, Fla., company that wholesales lab-growns to retailers.

Cornes, the new investor, is a Japanese conglomerate that owns a range of businesses, which manufacture everything from luxury cars to kitchenware to diamond reactors through its Seki Diamond Systems division.

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