With deal in works, Winston thinks big
Women's Wear Daily – December 2003
By Melanie Kletter
The deal to sell Harry Winston to Aber Diamond Corp. is at least a month away from closing, but chairman Ronald Winston already has some major plans.
As reported, the luxury jewelry house has entered into a non-binding agreement with the Toronto-based diamond mining company, terms of which were not disclosed.
Winston said many details are still being worked out, but he expects Aber will sell its diamonds through Harry Winston stores as it helps the company expand its merchandise offerings and open more stores. Michel Dyens & Co. acted as financial advisor to Fenway Partners in the transaction.