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Prato, the Japanese giant buys 49% of the Giolica textile company

May 21, 2022
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Giolica, the Japanese of Stylem enter the capital with 49% Takisada-Osaka

The advance of the Japanese textile giant continues Stylem Takisada-Osaka in the area of Lawn, where he had already landed in 2013 with a wool mill intended for production for the Chinese market.

Today’s news is his entry into the capital of the Italian company Giolica, also active in the textile sector in Prato with a turnover of 10 million euros and 13 employees. Stylem Takisada-Osaka was already a partner of the founding members of Giolica, Nicola Guarducci, Franco Lay And Lorenzo Marini, which seems to have been courting for some time. Now it has managed to grab 49% of the shares while guaranteeing that the management of the Italian company will remain in the hands of the three founding partners.

“Prato can be a point of reference in the world and open a new path, forming a new generation of managers in the sector”, they declare. Indeed, the managerial approach of the Prato-based company, which produces clothing fabrics for some of the main fashion brands in the world, has generated the interest of the Japanese.

Giolica passes to Stylem, Italy-Japan synergies

The industrial operation will lead to Stylem Takisada-Osaka, founded in 1864 and strong of its 520 million euro turnover and 695 direct employees, a partner manufacturing that although younger, as it was founded in 2008, has already proved to be competent and attentive to market developments. For Giolica, on the other hand, it will mean being able to count on new commercial outlets.

Giolica-Stylem, oriental alliance but roots in the territory

Giolica therefore looks tointernationalization but starting from the attention to production chain and quality: “Skills and relationships are the values ​​of the district that must be safeguarded in order to be successful. If we do not follow an ethics we end up destroying the system that feeds us ”.

It is precisely with the idea of ​​supporting the system that Giolica’s shareholders have recently created a holding company with a programmatic name, Prato development which has already given birth to the first start-up: Lane of Prato. “The mission is explicit: to become an aggregator of Prato’s excellence and give new life to medium-small businesses with high potential”.

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Tags: buyscompanygiantGiolicaJapanesePratotextile

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