Damiani completed the acquisition of Floris Coroneo.

Damiani, an Italian luxury jewelry company, completed the acquisition of Floris Coroneo, a retailer of luxury watches and jewelries. Financial terms were not disclosed. “We are extremely pleased to have finalised this strategic transaction, which on the one hand will support the growth of such an important company in our industry, and on the other will help to strengthen and expand the leadership of ROCCA and all our Brands at the national and international level,” Giorgio Grassi Damiani, Damiani Vice President.