Solomon Brothers Jewelers has announced the acquisition of Mervis Diamond Importers, a longtime jewelry retailer in the Washington, D.C. region. Mervis, which opened its first U.S. retail store in Rockville in the early 1980s, will continue operating under its existing name, with its current employees and showrooms remaining in place. Financial terms of the acquisition were not disclosed.
Brothers Zed and Ronnie Mervis established their diamond importing business in the Washington area in 1981, initially selling South African diamonds wholesale before opening their first retail location in Rockville. The company has since expanded to three showrooms in Rockville, Tysons, Virginia, and downtown Washington, D.C.
Under the acquisition, both brothers will remain actively involved in the business. Zed will continue overseeing diamond purchasing, while Ronnie will remain the company’s longtime voice in Washington-area radio advertising. Existing warranties, lifetime care services, and upgrade programs will also remain unchanged…