White Pine History and Corporate Timeline
White Pine Trading is launched with the goal of reducing inefficiencies of recycled diamonds returning to production, re-energizing an old, traditional industry.
White Pine enters into the UK market completing its first purchases
White Pine recruits its 5th dedicated diamond buyer in the US
White Pine expands purchasing operations into Europe
White Pine enters into the Spanish market completing its first purchases
White Pine finishes its 3rd round of financing. Secures financing from affiliates of Perella Weinberg Partners Asset Based Value Strategy which becomes a majority owner of the company
White Pine enters the Japanese market completing its first trades
A landmark $50m of diamonds had been traded by the company
White Pine enters the Italian market and hires a buyer dedicated to Italy
White Pine launches WPDiamonds.com where members of the public can sell diamonds direct to White Pine in the US with further releases in the UK and Spain happening in the following months. Consumers can sell diamond jewelry, sell diamond rings , luxury watches and branded jewelry and receive a cash offer.
White Pine moved into its state of the art offices on 5th Avenue, New York City. The offices have the facilities to host White Pine Sales Events.
The company completes its first Sales Event with 3rd party goods
“Buy Now” system is launched to enable business to buy large quantities of diamonds prior to Sales Events
White Pine enters the French and Greek markets completing its first purchases and hiring buyers for those regions
The first Asian Sales Event takes place in Hong Kong
A landmark $100m of diamonds is traded by the company
White Pine recruits its 10th dedicated diamond buyer
White Pine appoints its first diamond buyer in Germany
White Pine hosts its first Sales Event in India. Event takes places in Mumbai.
White Pine hosts first Finished Jewelry and Watch Sales Event for Trade in New York on November 11th.
White Pine hires Sam Ziefer to head up its Retail Buy-Back programs.
White Pine launches its Fine Jewelry division led by Dominic Mainella and Jeff Sadowsky.