{"id":144879,"date":"2026-10-19T00:10:56","date_gmt":"2026-10-18T22:10:56","guid":{"rendered":"https:\/\/gioiellis.com\/?p=144879"},"modified":"2026-10-17T17:08:22","modified_gmt":"2026-10-17T15:08:22","slug":"il-faro-di-richemont-su-de-beers","status":"publish","type":"post","link":"https:\/\/gioiellis.com\/en\/richemonts-sights-set-on-de-beers\/","title":{"rendered":"Richemont\u2019s sights set on De Beers"},"content":{"rendered":"

<\/p>\n

The Richemont group is interested in joining the race to acquire the brand synonymous with diamonds.<\/h2>\n

Should it go through, this would be one of the most significant deals in the jewelry world since LVMH\u2019s acquisition of Tiffany. According to Bloomberg, the Richemont group is exploring an offer to participate in the acquisition of De Beers. Last February, the leadership of Anglo American\u2014which controls the brand synonymous with diamonds\u2014announced its intention to sell De Beers by the end of the year.<\/p>\n

\"La<\/a>
Richemont\u2019s headquarters in Bellevue (Geneva, Switzerland)<\/figcaption><\/figure>\n

The brand, famous for coining the slogan “A diamond is forever,” has become a burden for the mining group, partly due to a decline in gem prices\u2014a trend driven by the rise of lab-grown diamonds, which are sold at lower price points. Ironically, De Beers itself played a role in the proliferation of synthetic diamonds, having launched “Lightbox”\u2014a line of lab-grown stones\u2014years ago. De Beers shuttered its lab-grown diamond business only last year, returning its focus exclusively to natural gems; by then, however, the damage was done.<\/p>\n

\"Johann<\/a>
Johann Rupert, CEO and shareholder of Richemont<\/figcaption><\/figure>\n

Consequently, earlier this year, Anglo American halved the book value of De Beers, implementing a massive $2.3 billion write-down\u2014the third such adjustment in just over two years. The mining group\u2019s financial statements show a net loss of $3.7 billion in 2023, following a $3 billion loss the previous year.<\/p>\n

\"Controllo<\/a>
Monitoring a CVD plasma reactor used for the production of lab-grown diamonds at De Beers\u2019 Lightbox brand<\/figcaption><\/figure>\n

According to Bloomberg, the Geneva-based Richemont group\u2014which owns brands such as Van Cleef & Arpels, Cartier, Piaget, Buccellati, and Vhernier\u2014would join other potential bidders, including the U.S.-based diamond retailer Signet Jewelers and the Global Diamond Consortium, a group led by former De Beers CEO Gareth Penny. The latter is reportedly in pole position to acquire De Beers from Anglo American. The Global Diamond Consortium also includes the states of Namibia and Angola\u2014both major diamond producers\u2014and has allegedly initiated negotiations with Botswana to increase its stake in De Beers to approximately 25%.<\/p>\n

\"Boutique<\/a>
Boutique De Beers<\/figcaption><\/figure><\/p>","protected":false},"excerpt":{"rendered":"

The Richemont group is interested in joining the race to acquire the brand synonymous with diamonds. Should it go through, this would be one of the most significant deals in the jewelry world since LVMH\u2019s acquisition of Tiffany. According to Bloomberg, the Richemont group is exploring an offer to participate in the acquisition of De Beers. Last February, the leadership of Anglo American\u2014which controls the brand synonymous with diamonds\u2014announced its intention to sell De Beers by the end of the year. The brand, famous for coining the slogan “A diamond is forever,” has become a burden for the mining group,<\/p>\n","protected":false},"author":8,"featured_media":104198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[13],"class_list":["post-144879","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-de-beers","style--link-1"],"acf":[],"_links":{"self":[{"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/posts\/144879","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/comments?post=144879"}],"version-history":[{"count":3,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/posts\/144879\/revisions"}],"predecessor-version":[{"id":144930,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/posts\/144879\/revisions\/144930"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/media\/104198"}],"wp:attachment":[{"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/media?parent=144879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/categories?post=144879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/tags?post=144879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}