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November 27, 2024Fenix and Dholakia Lab-Grown Diamonds acquire Lusix
Israel’s Fenix and Dholakia Lab-Grown Diamonds of India have announced that they have jointly acquired Lusix for $4 million, a move they said will bolster their respective positions as ‘environmentally minded’ lab-grown diamond companies.
Founded in 2016 by Israeli inventor and entrepreneur Benny Landa, Lusix had a significant presence at the 2022 JCK Las Vegas show, touting the sustainability of its ‘Sun Grown Diamonds’ created using the chemical vapour deposition process in a solar-powered factory outside Tel Aviv, Israel.
