RAPAPORT… Pluczenik Diamond Company, one of Antwerp’s largest polished suppliers, has opened a cutting factory in South Africa through a partnership with local manufacturer Nungu Diamonds.
The deal sees the Belgian dealer and polisher return to the country where Isaac Pluczenik founded the business in 1948, the two companies said last week.
Tzvi and David Pluczenik, grandsons of Isaac Pluczenik and sons of current owner Chaim Pluczenik, will work closely with Kealeboga Pule, Nungu’s founder and managing director.
“Our heart has always been in South Africa,” Chaim Pluczenik noted in a statement. “The time is now for a new cutting and polishing factory equipped with technology of international standards.”
Image: Chaim Pluczenik and Kealeboga Pule (center) at the factory’s official opening. (Jiten Ramlal)
Antwerp’s Pluczenik Launches South Africa Factory
The Bottom Line
- Pluczenik Diamond Company, a major Antwerp polished supplier, has launched a cutting factory in South Africa.
- The factory is a joint venture with local manufacturer Nungu Diamonds, led by founder Kealeboga Pule.
- The move reconnects Pluczenik with its origins, as the business was founded in South Africa in 1948 by Isaac Pluczenik.
Summary by Rapaport AI
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