MARZOTTO WOOL MANUFACTURING ACQUIRES A 25% SHARE OF G. SCHENEIDER AUSTRALIA AND SCHNEIDER NEW ZEALAND
Marzotto Wool Manufacturing, leading company in wool fabrics manufacturing, has further enhanced its supply chain by investing in the Schneider Group wool buying operations based in Australia and New Zealand. On November 6th 2018, the Board of Directors of G. Schneider Australia approved the sale of a 25% share to Marzotto Wool Manufacturing . G. Schneider Australia is the buying and exporting operation of the Schneider Group, a global top maker with factories in Italy, Egypt, China and Argentina.
In addition, Marzotto Wool Manufacturing will acquire a 25% share of Schneider New Zealand. Marzotto Wool Manufacturing is owned by Marzotto Group, one of the largest wool weavers in the world, founded over 180 years ago in Valdagno (Vicenza, Italy). Marzotto Wool Manufacturing includes other important brands such as Marzotto, Fratelli Tallia di Delfino, Guabello, Marlane and Estethia G.B. Conte. ‘ ’Our goal was to create an integrated supply chain, from farm to fabric.
The Schneider Group has a traceable supply chain through their own combing mills. By joining forces with G. Schneider Australia, we can make our supply chain more efficient, and offer a fully traceable and sustainable product to our clients,” explained Davide Favrin, CEO of the Marzotto Group.