MINERVAHUB ACQUIRES JATO 1991

The new Italian industrial reality in the fashion sector specializing in finishes and materials for luxury products.

MinervaHub S.p.A., the new Italian industrial reality in the fashion sector specialized in finishes and materials for luxury accessories led by President Matteo Marzotto, announces that it has finalized the acquisition of the majority of Jato 1991 S.r.l., a prestigious Bolognese company from San Lazzaro di Savena specialized in hand embroidery on fabric.

Following the transaction, the two founders, Giorgina Rapezzi and Jacopo Tonelli, remain directly involved in the management of Jato 1991 S.r.l. and enter the capital of MinervaHub S.p.A., a majority initiative of the Private Equity fund Xenon VII SCA SICAV – RAIF, managed by the shareholders Franco Prestigiacomo and Gianfranco Piras.