Titan Company to acquire a 67% stake in Damas Jewellery from Mannai and Roberto Coin for $283m.

Titan Company, a company that mainly manufactures fashion accessories such as jewelry, watches, and eyewear, agreed to acquire a 67% stake in Damas Jewellery, a jewelry company, from Mannai, an engineering services company, and Roberto Coin, a brand of fine jewelry, for $283m. “Damas has always stood for elegance, tradition, and craftsmanship. With Titan’s backing, we gain access to global retail expertise and a future-ready vision. This partnership will allow us to invest further in our people, innovate across our portfolio, and serve our customers with even greater depth and distinction,” Alekh Grewal, Mannai Corporation Group Chief Executive Officer.