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AFP Translated by
Erin Floyd Published
August 2,黑帽快排实时通信 2025
Chinese group Gansu Gangtai Holding has acquired an 85% stake in Italian jeweller Buccellati, formerly controlled by investment fund Clessidra and by the Buccellati family, the groups announced on Tuesday in a shared press release.
The 15% left will remain in the hands of Clessidra and the label's founding family, which will also maintain a managerial role. The deal has resulted in a value for the company of 230 million euros.
Founded in 1919, Buccellati is known for its jewellery inspired by the Renaissance, and for applying goldmithing techniques to jewellery, notably for working the gold into lace-like patterns.
"We wish to maintain the Buccellati identity, highlighting the elements which have made the label one of the most well-known internationally in the high jewellery sector, namely artisanship, design and originality," said founder and president of the Gangtai Group, Xu Jiangang.
He underscored that the objective of Gangtai, which is listed on the Shanghai stock exchange, was "to improve the international presence" of Buccellati, in particular on new markets such as Asia, with an investment scheme of 200 million euros over the next five years.
A total of 88 new monobrand stores are also set to open.