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Swarovski to buy minority stake in Tara Jewels
Posted On: 15-10-2012 00:00:00 12

Swarovski AG of Wattens, Austria is acquiring 10-12% stake in the Indian jewellery manufacturer Tara Jewels. The stake is said to be valued at around Rs 500 crore.

Trilegal and Deloitte are said to be advisers of Swarovski on the deal. As per reports, this is the first such investment by Swarovski in India.
The ten year old Tara Jewels has four manufacturing facilities, one of which is in China.

 
 
 

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