Zonta Tannery takes new ownership as the Fietta family buys it out

Conceria Zonta cambia proprietà

A new financial deal has been involving again Italy’s leather-tanning industry. Both main players, engaged in the business transaction, come from Bassano Del Grappa. One of them is Zonta, a historic tannery working in Veneto’s manufacturing context; the other one is the Fietta family, well known for their notarial activity.

The press release

Just a very few words, crystal clear though, to tell about the acquisition deal: “Zonta tannery announces that, since 21th October 2019, has become property of the Fietta family, from Bassano Del Grappa. The new owner takes pride in driving forward the prestigious reputation of the company and strengthening its peculiar qualities, which made it a leading player in the leather industry, while rejoicing in new stability and passion”.

The tannery

Zonta are a renowned tannery for their leather-tanning prominent quality. As one can read on Linkedin, they have been actively running since the mid-fifties. They manufacture, more specifically, “vitellino” leather, calf sides and chrome-tanned calf splits, serving footwear, leather goods and apparel. They did not make public any financial details about the buyout deal.

Picture taken from aacrack.co.uk

Read also:

Tuscan Tannery for CHANEL: the brand acquires Samanta
Rino Mastrotto Group: 70% goes to NB Renaissance Partners

TRENDING
  • loading...

PREMIUM CONTENT

Choose one of our subscription plans

Do you want to receive our newsletter?
Subscribe now
×
Sei un nuovo utente? Abbonati/Registrati