By Ashley Bailey
, Tuesday, October 31, 2006
In 1986 M. Fabrikant & Sons partnered with Salant of Israel to become the Fabrikant & Salant Group. The Salant family has announced its full acquisition of the partnership now and the company name will change to Salant Group Ltd.
These two companies have a rich history in the industry. The Salant family has existed since 1948, operating in the Israeli Diamond Exchange. M. Fabrikant & Sons operated out of New York beginning in 1895 as a small wholesaler in the Bowery and expanded over five generations into a global operation headquartered in Rockefeller Plaza. The Fabrikant & Salant Group became a DeBeers sightholder in 1990.