Italian luxury house of Valentino, owned by Qatar based Mayhoola Investments (also owner of Pal Zileri) has recently acquired 51% leather handbags maker Pelletterie Sant’Agostino, for 20 million euros.
Valentino also purchased a 40% stake in Pescini di Scandicci (estimated turnover of 20 million euros per year), which produces parts for handbags.
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