Titan Completes Acquisition Of Stake In Damas Jewellery

Titan Company Ltd, India’s leading lifestyle and jewellery brand under the Tata Group, has announced the completion of its acquisition of a stake in Damas Jewellery. The deal marks a strategic step in Titan’s global expansion, reinforcing its ambition to become a dominant player in the international luxury jewellery segment.  

Damas Jewellery, headquartered in Dubai, is one of the most recognized names in the Middle East’s premium jewellery market. By acquiring a stake in the company, Titan gains access to a strong retail network and established brand equity in the region. Analysts highlight that this acquisition will enable Titan to diversify its portfolio, strengthen its global footprint, and leverage synergies in design, craftsmanship, and customer engagement.  

Key highlights from the announcement include  

• Completion of acquisition of stake in Damas Jewellery by Titan Company Ltd  
• Strategic expansion into the Middle East’s premium jewellery market  
• Strengthens Titan’s global footprint and luxury portfolio  
• Access to Damas’ established retail network and brand equity  
• Supports long-term growth ambitions in international jewellery business  

Industry experts emphasize that this acquisition positions Titan to capitalize on rising demand for luxury jewellery in global markets, while reinforcing its leadership in India’s jewellery sector.  

Sources: Reuters, Economic Times, Business Standard, Mint