Matteo Marzotto’s Investment Holding MinervaHub Buys Majority Stake of Jato 1991

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Jato 1991 specializes in sophisticated embroideries supplied to top global luxury brands, from Dior to Givenchy.

Jato was founded in Bologna in 1991 and has an archive of about 6,000 designer and antique pieces, from Poiret designs to 19th-century Egyptian wedding dresses.by leading luxury brands to protect a number of Italian manufacturers in the supply chain that help create garments and accessories. It is controlled by private equity fund Xenon VII SCA SICAV — RAIF, managed by partners Franco Prestigiacomo and Gianfranco Piras.

XPP Seven was founded in 2019, and grew to comprise Koverlux ; Quake ; Sp Plast Creating and Zuma Pelli Pregiate . Koverlux is a leader in surface finishing for the fashion and accessories business, touted by Marzotto as the only company able to apply multiple finishes, from lacquering to flocking or engraving, to a single object.

Aggregating the activities of all six companies, MinervaHub has sales of more than 101 million euros, a portfolio of around 1,000 clients and 434 direct employees. The first goal is to coordinate, integrate and strengthen the activities of these companies to supply top-quality products and excellent service. The companies under the MinervaHub umbrella mainly work with the fashion and luxury industries, but also with the design, sportswear, cosmetics, Marzotto was named president, and Marco Casoni took on the role of chief executive officer.

 

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