Marzotto

As a member of the nobility, Luigi Marzotto (1773-1859) founded a wool mill in Valdagno in 1836 with a capital of 2 000 Venetian Lira, equivalent to $100 000 in the nineties.

[1] In 1935, Gaetano created an agricultural complex between Fossalta di Portogruaro and the Venetian Lagoon, called it after his wife, Margherita Lampertico Marzotto.

After going public in 1961 with a listing on the Milan exchange market Borsa Italiana, the company started exporting its products to the United States.

Pietro nonetheless remained the majority shareholder of Marzotto S.p.A. and he purchased Liteksas, a Lithuanian wool garments manufacturer, in 2000, so that the company could shift part of its production to the lower-cost market.

[3] The development of the Marzotto group continued in 2009, acquiring the NTB Nuova Tessilbrenta brand, specialized in the production of cotton casual and sportswear; It also stipulates the collaboration agreement with the Schneider Group, an important and recognized player in the sector in the acquisition and combing of wool and noble fibers, which provides for the creation of a joint production company for the processing of wool, in which Marzotto participates with 30% shares, based in a new plant in Egypt.