Rajesh Exports, through its wholly owned subsidiary in Singapore has fully acquired European Gold Refineries, the 100% holding company of Valcambi in an all cash deal with a total investment of USD 400 Million. With this acquisition, company will become an integrated player covering precious metal refining & gold jewellery making.
Valcambi is the world’s largest precious metal’s refining company, has processed and sold 945 tons of Gold and 325 tons of Silver on an average per year during the last three financial years which is more than the annual consumption of gold in India.
Rajesh Exports with its undivided focus and expertise has grown to be the largest gold jewellery manufacturing company in the world. It is also the lowest cost gold Jewellery manufacturing company in the world.