Toronto, Canada, November 30, 2016 --(PR.com
)-- e-Magine Color Diamonds and Pantera Privé B.V. carrying on business as Excalibur Royale and Pantera Privé respectively are pleased to announce the formation of a strategic alliance whereby the operations of each entity shall be consolidated to create economies of scale for the following purposes:
- to integrate and fuse the collective industry experience and expertise of management of each entity to better serve the interests of the group as a whole;
- to consolidate the efforts of each entity towards the acquisition of natural color diamonds to establish greater buying power which translates to reduced pricing to the end user and ultimate purchaser being the clients of each entity;
- to significantly reduce overhead costs and to consolidate and centralize the operations of each entity;
- to avail each entity with parallel administrative and marketing support going forward.
The aforesaid strategic alliance has been formulated by management of each entity in a constructive and thought-driven process over the last many months. The ultimate goal is for each entity to take advantage of the globalization and consolidation of the natural color diamond market with the underlying recognition that the acquisition of natural color diamonds by investors/collectors or aesthetic buyers is not a regional phenomenon but an international one.
In an effort to capture a greater market share in the global natural color diamond industry, Excalibur Royale and Pantera Privé have initiated this strategic alliance initiative and as both Michael Shumacher president of Excalibur Royale and Howard Edberg, managing director of Pantera Privé reiterate and echo, “We have pursued this strategic alliance to better serve our international clientele with both the immediate and longer-term plan of creating economies of scale which translate to lower and more competitive diamond pricing to the ultimate benefit of all of our respective clients.”
As Mr. Edberg opines, “We have taken a closer look at the Price Match Guarantee and Remarketing strategies of Excalibur Royale and we believe that these initiatives have tremendous merit and should be adopted by our group.”
Reciprocally Mr. Shumacher, president of Excalibur Royale, opines, “The Client Incentive Program offered by Pantera Privé is an excellent marketing initiative which we should consider given the success of the program in the short-term.”
Both Mr. Shumacher and Mr. Edberg have taken the position and as the former articulates, “With the excitement and vigour, surrounding our strategic alliance it would be foolhardy not to incorporate these programs for each entity.” Henceforth, both Excalibur Royale and Pantera Privé shall with immediate effect include the following programs which are:
- The Price Match Guarantee
- The Remarketing and Auction strategies
- The Client Incentive Program (Europe and Asia only)
The distribution of Excalbur Royale’s 45-page color brochure to the clients and prospective clients of Pantera Privé to educate and inform them on the merits of acquiring investment quality natural color diamonds
e-Magine Color Diamonds Ltd. is an Ontario corporation carrying on business as Excalibur Royale with business operations located at:
49 Ontario Staret
see website: www.ex-royale.com
Pantera Privé B.V. is a Dutch Corporation incorporated in the Netherlands carrying on business as Pantera Privé with business operations located at:
One World Trade Centre,
New York, NY
see website: www.panteraprive.com
Disclaimer: e-Magine Color Diamonds Ltd. carrying on business as Excalibur Royale and Pantera Privé B.V. carrying on business as Pantera Privé are not investment advisors nor are they licensed to provide investment advice. We strongly recommend that our clients obtain independent advice if they are seeking to invest in diamonds as part of an investment strategy. Natural color diamonds have been subject to upward price movements historically. Excalibur Royale and Pantera Privé cannot guarantee nor do they expressly warrant or represent that upward price movements of natural color diamonds which have occurred historically will continue in the future.