BeBeez.it, 2 December 2019

Using its VII fund and backed by Fineurop Soditic, Xenon Private Equity has acquired a controlling share in A&A Pelli Pregiate srl, a company specialising in the import-export of valuable hides; the company in turn holds the entire share capital of the tanneries Zuma in Castelfranco and Casadacqua in Santa Croce. The deal also includes a crocodile farm in New Orleans, placing the tanneries among the very few operators who control the entire value chain for major labels, from farming to tanning…