fashion
STRATEGIC ALLIANCE
FOR HIGH-END TEXTILES
The Ermenegildo Zegna group has acquired a 60% share of Bonotto S.p.A.: more than an acquisition, it represents a strategic vision the result of an intuition by The European House – Ambrosetti partner Flavio Sciuccati.
Two examples of Italian excellence for high-end textiles
The result of an intuition of Flavio Sciuccati, Partner of The European House – Ambrosetti, was the idea to bring together two examples of Italian excellence: the Ermenegildo Zegna group and Bonotto S.p.A..
It is an acquisition with a strategic vision: an alliance in the textile sector to boost presence in all high-end menswear segments and guarantee long-term innovation, both for Ermenegildo Zegna group labels and leading Mens and Womenswear labels worldwide.
The European House – Ambrosetti laid the basis for bringing these two companies together and accompanied Bonotto S.p.A. throughout the process of the 60% acquisition by the Ermenegildo Zegna group, up through the closing which took place in early November.
For more information:
- Corriere della Sera – Zegna goes shopping. Bonotto gives them a boost in textiles
- Sole 24 Ore – Bonotto manufacturing passes to the Zegna group: together to create innovative textiles and upholstery
- Fashion United – Ermenegildo Zegna Group acquires majority stake in Bonotto
- Bonotto website – Ermenegildo Zegna Group gains control of Bonotto SpA
Flavio Sciuccati
Partner, The European House - Ambrosetti