The French start-up specializing in jewelry set with synthetic diamonds has finally been liquidated. Launched in 2018 and supported by Chanel and various shareholders, the company was particularly affected by intense competition from China. However, it had attracted the interest of three potential buyers.
Are synthetic diamonds a bad idea?
Courbet, the French pioneer of jewelry set with such diamonds, was finally put into liquidation on May 20. It had been in receivership since November 2024.
Three candidates for takeover
Three candidates for the takeover, Qatari businessman Mohamed Jaidah, already a shareholder in Courbet; Fenix Diamonds Belgium, the European subsidiary of the Indian group Fenix Diamonds; and finally Tya Finance, headed by French entrepreneur Stéphane Collaert, had nevertheless expressed interest.
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Read also > De Beers confirms definitive end of synthetic diamond production for jewelry
Featured photo: © Courbet
