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.

JCK