CHANEL continues to invest in Italy having recently acquired 20% of the capital of Leo France from the Pinzauti family, which in the meantime has transformed from an LLC to a joint stock company and has completed the generational transition. Leo France is a Florentine company specialised in the production of jewelry and metal accessories, with a 2023 turnover of 216 million, 45 million in profits and more than 300 employees.
The founders, Lorenzo Pinzauti and Franca Bertoli, have sold their shares to their children Leonardo, 56, and Francesca, 52 (the initials of their names inspired the company name founded in 1979), who are managing directors. Lorenzo Pinzauti has remained president, while the board member appointed by Chanel is Jacques Marie Daniel Chenain.

Leo France, Firenze
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