FT: Glass manufacturer Venini back in Italian hands

Date: 2 January 2002
Source: FT

Date: 2 January 2002

Italian glass manufacturer Venini is once again in Italian hands. The company, which was acquired by Danish giant Royal Scandinavia in 1998 from the Gardini family, has been acquired by Italian Luxury, the company set up as part of a strategic alliance between Venice-based businessmen Giancarlo Chimento and Giuliano Tabacchi.Italian Luxury was assisted in the operation by Milan-based merchant bank Mediobanca.

Italian glass manufacturer Venini is once again in Italian hands. The company, which was acquired by Danish giant Royal Scandinavia in 1998 from the Gardini family, has been acquired by Italian Luxury, the company set up as part of a strategic alliance between Venice-based businessmen Giancarlo Chimento and Giuliano Tabacchi.

Italian Luxury was assisted in the operation by Milan-based merchant bank Mediobanca.
600450 FT: Glass manufacturer Venini back in Italian hands glassonweb.com

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