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Design, the G7 chairs switch to Cornetto Bourlot

Lunedes completes the acquisition of Luxy: the factory of chairs "of the powerful" thus merges into the company of Giuseppe Cornetto Bourlot.

Design, the G7 chairs switch to Cornetto Bourlot

The chairs on which the most powerful men on the planet have sat change hands, while remaining rigorously made in Italy. The Luxy company, manufacturer of prestigious office chairs, including those used at the recent G7 leaders' summit in Biarritz, was merged into Lunedes SpA, owned by the Milanese entrepreneur Giuseppe Cornetto Bourlot. Luxy, founded 44 years ago in the Vicenza area, is an important reality on the international furniture design market, specializes in ergonomic products and exports over 60% of the production of office chairs.

Office chairs, and sofas and armchairs for public spaces, are made in the Lonigo factory on designed moulds with the collaboration of renowned architecture and design studios (including Fuksas, Getzel, Favaretto): this jewel of high-end Made in Italy design thus passes to Giuseppe Cornetto Bourlot, who with his Lunedes Spa has acquired 96,35% of the capital so far owned by HAT Sicaf - fund alternative investment of the HAT group – and also the minority stake of 3,65% in the hands of the company's managers.

“Luxy – he said Joseph Cornetto Bourlot – is one of the examples of the made in Italy lifestyle which, thanks to the attention to quality and attention to the aesthetics of the products, has obtained strong recognition on a global level. The objective of the acquisition on our part is to further enhance the productive and creative capabilities of the company to expand the market shares both in Italy and abroad".

“We are very satisfied with the operation which allows HAT's investors to obtain annual returns of more than 20% – commented Nino Attanasio, president of HAT – and we are certain that the new partner Lunedes will allow Luxy to benefit from an excellent positioning for the future and to make further progress to satisfy the international markets”.

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