History


Avraham Namdar establishes Namdar Diamonds Dianam.

Namdar Diamonds merges with Leo Schachter LLC to form the Schachter & Namdar Group.

Schachter & Namdar Group is awarded the “Outstanding Exporter Award” in Israel.

Schachter & Namdar Group sales surpass US $100 million.

Avraham Namdar Named “Outstanding Exporter to Japan” by Japanese Ambassador to Israel.

Schachter & Namdar Group buys South African DTC Sightholder Anglo Dutch Diamond Cutting Works (PTY) Ltd.

Schachter & Namdar (PTY) Ltd. Receives a DTC Sight in South Africa.

Avraham Namdar creates a 66-facet modified round brilliant called “The Brilliant Rose”.

Schachter & Namdar becomes an exclusive distributor of De Beers Hourglass in Japan.

Emanuel Namdar expands South African operations and begins producing large diamonds.

First Brilliant Rose Diamond is polished in the South African factory.

Avraham Namdar forms an independent division to increase Far East sales and assumes control of Schachter & Namdar Group South African operations.

Schachter & Namdar leads Hong Kong regional office as new division expands across Asia.

The Company won the “DTC Shining Lights Awards” in South Africa, a diamond design competition launched by the Diamond Trading Company to promote South African talent.

The company opened a state of the art cutting and polishing facility in Namibia.

Schachter & Namdar (PTY) Ltd. Receives a DTC Sight in Namibia. The company added a special division of disabled workers to the Namibia factory, which includes both hearing impaired workers, as well as wheel chair users.