# Antonio Favrin acquires 80% of Marzotto holding company Trenora

Antonio Favrin and his family won control of Trenora, the holding company that controls the Marzotto group, acquiring 80% of shares for €32.01 million. Vittorio Marzotto retains 20%.

- Type: Acquisition
- Announced: 2024-03-05
- Where: Italy
- Value: $34.8M (32.0M EUR)
- Status: announced
- Products: textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Marzotto](https://endata.com/companies/48459.md) (target)
- [Faber Five](https://endata.com/companies/76071.md) (acquirer)

## Sources

- [firstonline.info](https://www.firstonline.info/en/Marzotto-ends-an-era-Favrin-rises-to-80.-The-heirs-of-the-dynasty-no-longer-have-control-of-the-group/), 2024-03-05: "Upon opening the envelopes containing the various offers, Favrin was awarded 80% of the shares for 32,01 million euros only 10 thousand euros more than the offer of Mi which is headed by Andrea Donà delle Rose."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
