Marzotto Group : Acquisition of Prosetex comp...
Marzotto Group

Acquisition of Prosetex completed

(Source: Marzotto)
(Source: Marzotto)

Marzotto Group, a European leader in textile production with 185 years of history, has acquired Prosetex, a specialist in the production of jacquard velvets, jacquard and dobby weaves in a complete cycle.
Prosetex SpA, Bulciago/Italy, thus becomes part of Marzotto Lab, the division of Marzotto Group, Valdagno/Italy, operating in the world of natural fibers, through which the corporation is diversifying into the sector of interior furnishing fabrics and textile accessories for the home.
At present, production for the world of furniture accounts for over half the sales of Marzotto Lab, through the brands Redaelli, Lanerossi and Linificio & Canapificio Nazionale. The company expects to complete the year in progress with sales in the furniture sector alone of €57 million, representing growth of 40%, partially sustained by the entry of Prosetex, expanding the production line to velvet and jacquard fabrics. 

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