Ethica Global Investments S.p.A. acquired from Gradiente I Fund and Firme SpA, controlled by the original founders, the totality of the equity of Lanificio dell’Olivo S.p.A., a leading Italian manufacturer of fancy yarns for the knitwear and hand-knitting industries.
Lanificio dell’Olivo, founded in 1947 and based in the Prato district, over the years developed a unique know-how in the combed spinning of noble fibers such as alpaca, mohair, cashmere, silk, the finest wools, cottons and linen, as well as the twisting of unique, high-performance and precious materials for the creation of fancy effects in multitudes of color variations. The fibers are processed in the Prato plants, equipped with modern digitally controlled technologies and internally customized machinery.
The Going Green Programme, coupled with the multitude of certifications obtained and protocols followed, translate into a long-standing track record of sustainable high-quality products and processes that respect the environment and the well-being of workers, consumers and animals. Lanificio dell’Olivo is a global company with two thirds of its sales abroad: Europe, the United States and the Far East, with the most prestigious brands as customers. The exclusive network of suppliers in the world gives Lanificio dell’Olivo preferential access to raw materials derived exclusively from sources that ensure the highest quality level, in compliance with international standards.