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Thursday, 11 January 2024

Legor & Valmet: together for sustainability

Legor & Valmet: together for sustainability

The partnership between Legor and Valmet, who have just concluded an agreement to strengthen their presence in the fashion jewellery and accessory sector, is a sustainable one.

To constitute one of the world's most important players, empower new investments, strengthen existing structures and promote environmental responsibility, energy efficiency and sustainable resource management: these are the intentions behind the new agreement between Legor and Valmet.

The Italian leader in the production of precious alloys for the  jewellery industry and the company operating in the fashion industry with products and services for processing accessories have sealed a capital agreement that provides for Valmet's entry into the Legor Group and Francesco Pallotti's reinvestment of a minority stake in the capital of Valmet S.p.A. An agreement that aims to strengthen the position of both companies as leading players in the high jewelry and fashion accessory market. «The partnership between Legor and Valmet was made possible first and foremost by a deep communion of values that binds our families,» said Legor President and CEO Massimo Poliero.

«This common ground was a key catalyst for the further development of collaboration between the companies. The partnership with Valmet is not limited to a commercial transaction, but represents a commitment to create a reliable and strong player that can act as a stable reference for the world of luxury and jewellery. In short, a partner with whom we can develop projects that are increasingly oriented towards sustainability. 

The new Group is already investing in the development of innovative and responsible solutions for our customers.» With four production sites and four chemical laboratories, Valmet currently plays a leading role in the fashion and fashion accessory industry, integrating its activities with a focus on sustainability. For its part, Legor has a well-established presence in the Italian and international markets thanks to a network of more than ten subsidiaries in the major jewelry and fashion accessory producing countries, offering products and services based on metallurgical and chemical expertise developed over more than 40 years of experience in the sector.

Antonella Reina, Editor VO+

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