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Renaissance Global’s arm acquires assets of Four Mine Inc

24 Feb 2022 Evaluate

Renaissance Global’s wholly owned subsidiary -- Renaissance FMI Inc has acquired the assets of Four Mine Inc. The Company intends to fund the investment through cash on the balance sheet. Four Mine Inc. specializes in the sale of branded lab grown diamond engagement rings and this transaction will give Renaissance a strong foothold in this space, apart from improving the operating margin of the business through supply chain efficiencies.

This acquisition is strategic and synergistic in nature and further aligns with Renaissance’s goal to accelerate its branded jewellery business. Cost of acquisition is $5 million.

Renaissance Global is a global branded jewellery player. Renaissance designs, manufactures and supplies branded jewellery across key high-potential markets in USA, Canada, UK and key Asian markets.

Renaissance Global Share Price

130.80 0.55 (0.42%)
21-Aug-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Company 5080.00
Kalyan Jewell.India 603.35
Thangamayil Jeweller 5487.10
Senco Gold 345.25
Rajesh Exports 79.24
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