Business case
Our client, a Belgian private equity fund, was considering the acquisition of a highly automated jewellery manufacturing workshop in Belgium.
Fine jewellery is a growing market, largely driven by strong demand from high-net-worth individuals for branded jewellery. The leading luxury jewellery brands and conglomerates are expanding their production, often by insourcing workshops and suppliers. While handcrafting plays an important role in the industry, automation has some benefits given the scarcity of skilled labour.
We performed commercial due diligence on the target, assessing market dynamics and the competitive landscape, as well as the business plan and the target’s overall commercial potential.