Acquisition History / PNG Jewellers / Silvostyle Jewellers
PNG Jewellers Acquires Silvostyle Jewellers
Announced August 20, 2026 — $3.2M
What happened
PNG Jewellers acquired a 100% stake in Silvostyle Jewellers, an Indian jewellery retail business, for Rs 27.96 crore. The transaction is listed in PrivateCircle's August 2026 India acquisition roundup, drawn from company deal disclosures.
- Acquirer
- PNG Jewellers
- Target
- Silvostyle Jewellers
- Announced
- August 20, 2026
- Price
- $3.2M
- Industry
- Jewellery retail
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did PNG Jewellers acquire Silvostyle Jewellers?
PNG Jewellers acquired Silvostyle Jewellers on August 20, 2026. This was PNG Jewellers's 1st publicly tracked acquisition out of 1 we have on record.
How much did PNG Jewellers pay for Silvostyle Jewellers?
PNG Jewellers paid $3.2M for Silvostyle Jewellers.
What does Silvostyle Jewellers do?
PNG Jewellers acquired a 100% stake in Silvostyle Jewellers, an Indian jewellery retail business, for Rs 27.96 crore. The transaction is listed in PrivateCircle's August 2026 India acquisition roundup, drawn from company deal disclosures.
What other Jewellery retail companies has PNG Jewellers acquired?
Silvostyle Jewellers is PNG Jewellers's only publicly tracked acquisition in Jewellery retail so far.