April 26, 1999
JewelAmerica Acquires Jewelmont/Jené
JewelAmerica Inc., a subsidiary of Oro Dall' Italia Inc. in New York City, acquired Jewelmont/Jené this month.
Jewelmont/Jené, Minneapolis, MN, is a manufacturer of diamond and gemstone jewelry for department stores, discount retailers, TV shopping channels and major retail chains. The companies have very similar products, says an Oro Dall' Italia spokesperson, and the acquisition is a "merging of the strengths of the two." No changes in name, facilities or employees are planned at this time, Metz says.
- by Stacey King