Hogan Lovells advises Cornes Technologies on its acquisition of minority interests in U.S. & Israeli tech companies engaged in the production and distribution of lab-grown diamonds

Press releases | 08 August 2019

Tokyo, 08 August 2019 - Global law firm Hogan Lovells is pleased to announce that the firm advised Cornes Technologies Limited in its strategic investments into an Israeli lab-grown diamond manufacturer and a U.S. distributor of lab-grown diamonds for the jewelry industry.

Cornes is a world leading manufacturer of critical equipment used to grow diamonds and these acquisitions secure its alliance with groundbreaking entrepreneurs that have vertically integrated the production and distribution of high quality lab-grown diamonds for the jewelry industry.

The transactions were signed and closed on 27 June 2019.

Jacky Scanlan-Dyas, Corporate partner, Tokyo, said: “Cross-border Tech M&A has become increasingly important to our Japanese clients, so the Tokyo Corporate team is delighted to have advised Cornes on its investment into lab-grown diamonds, a new, disruptive technology."

The Hogan Lovells team was led by Jacky Scanlan-Dyas with support from partner Jeff Olson and associate Raymond Dunn.

For more details, please see news article.