Intriguing tie-up between JBS Couros and Italian tannery
09/02/2015
JBS Couros has 25 tanneries of its own, most of them in Brazil, but said in the announcement that it would now use the Priante name as its “luxury brand” in international upholstery and high-end leathergoods markets.
“The agreement will be a milestone generating numerous synergies between Priante and JBS,” the companies said in a statement.
Leatherbiz has followed up with both companies since receiving the announcement and both have said they will make further information available in the future, but both insisted they would release no extra details immediately.
Amonth other things, Leatherbiz asked if the agreement constitutes the acquisition of Conceria Priante by JBS Couros and if Conceria Priante will continue to carry out work on its own or if it will now work exclusively with or on behalf of JBS Couros.
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