SimplexDiam Inc. of New York announced Monday, April 6 that it has acquired jewellery inventory assets held by Martin Ross Group of Canada during the auction.
The total value of the transaction amounted to more than $11 million for about 16,000 pieces of jewellery, each one having a value of between $500 and $10,000.
At the end of 2014, SimplexDiam also bought a stock of Martin Ross loose diamonds, many of which were of Canadian origin and are valued at about $ 5 million. CJ