M. Fabrikant & Sons, and Lev Leviev form joint venture

M. Fabrikant & Sons, Inc. the world’s leader in manufacturing and distribution of fine diamonds and jewelry, has formed a new venture with LGC Holdings USA, Inc. a Lev Leviev company. The new venture known as Brilliant Trading Co. will source, market and distribute round brilliant cut diamonds worldwide.

Brilliant Trading will have access for sale of all round stones cut and polished in Leviev’s state of the art facility in Armenia. The Leviev Group is the world’s largest cutter and polisher of precious gems and a primary source of rough diamonds.

“We have a history of great partnerships and this one in particular is strategically well planned for the twenty first century, said Matthew Fabrikant Fortgang, president and CEO of Fabrikant. “We are very excited. This venture will expand the reach of Fabrikant and the commitment we have to our customers by continuing to offer the best value for the finest cut and polished stones available in the marketplace.”

Fortgang also said that The Brilliant Trading venture is a result of the successful company formed two years ago with Leviev known as Fancy Trading, which markets fancy shaped stones.

“The partnership with M. Fabrikant & Sons will enable both, Brilliant Trading and Fancy Trading, to expand their operations into jewelry manufacturing and distribution to be able to offer a full product line to our valued retail customers,” said Lev Leviev.