Supply chain M&A in Veneto: Venevision buys Eurofin

Supply chain M&A in Veneto: Venevision buys Eurofin

Another supply chain merger:  Venevision buys Eurofin, company specialized in the superficial treatment of fashion and luxury accessories (galvanic and polishing). It’s a holding specialized in the eyewear segment, for the most part, and it was created by VeNetWork, a company that collected capital from 71 entrepreneurs of the Tri-Veneto area.

Venevision buys Eurofin

Venevision bought 100% of Eurofin, which is located in Peferobba (Treviso) and works on galvanizing and polishing accessories for the fashion and luxury industries. The company will continue to be led by the two CEOs, brothers Giorgio and Daniele Bronca. The enterprise employs 68 people and, in 2021, had a revenue of 11 million euro, growing by about 23% in 2022.

“We consolidate our supply chain”

“With this operation – explains Gianni Nardelotto, CEO of VeNetWork and board member of Venevision – we continue consolidating our high-end suppliers” (source: nordesteconomia.gelocal.it). With Eurofin’s acquisition, Venevision adds 70 million euro in revenue and 400 employees.

And industrial ecosystem

“We consolidate our strategic project consisting of creating, on the national territory, an industrial ecosystem made of excellence”. A territory “characterized by a production of artisanal expertise, with unique know-how and experiences”. But also, one originating “from a vision of production development strongly cenetered on the internationalization of the made-in-Italy chain”, says Alberto Baban, president of Venevision.

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