“As a global provider of high-quality, affordable, personalized jewelry, we are excited to partner with Cargill on the strategic acquisition of Jewelry & Necklace Exchange.
The new transaction will help expand Cargil’s footprint and further strengthen the company,” a statement from Cargills said.
The deal is subject to regulatory approval.
The transaction is expected to close in the second quarter of 2018, the company said.
Cargill has been in the jewelry business for more than 40 years.
It is the largest retailer of luxury goods, with more than 4,000 stores in 50 countries.
The company has been looking for ways to broaden its business, and it recently acquired an online store.
“We’re thrilled to be partnering with Corgil and to expand our presence in the retail space, and to add more stores to our portfolio,” David A. Haggerty, president and CEO of Cargiller said in a statement.
“The combined company will deliver unmatched value and be a leader in the luxury jewelry industry.”
Corgil owns a majority stake in the company, according to the announcement.
This is the latest move by Cargils brand to focus on the jewelry market, which it first started in 2007.
It also bought the jewelry company Cargilli in 2011 for $100 million.
Last month, Cargilla launched its first line of jewelry and accessories, which include jewelry necklacing, necklace jewelry and earrings.
Cargillin also sells accessories and jewelry to companies, universities and individuals.
At the time, the stock was trading at $24.40 per share, according, a price that rose to $28.50 per share as of Thursday morning.
If you are looking for jewelry, jewelry exchange and jewelry necklace you can purchase through their website.
You can read more about jewelry exchange from Corgill here: https://www.jewelers.com/shop/comparison/jewelery-exchange-chicago-area