SimplexDiam recently purchased the inventory of the liquidated jewelry chain International Diamonds and Gold, said its chairman and CEO Yogesh K. Madhvani.
Of about $15 million in jewelry offered for sale, Simplex bought $11 million, Madhavani said.
The company also recently purchased inventory from Henry Dunay.
International Diamonds and Gold, once an eight-store chain based in Ohio, liquidated last year.
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