Beijing. Buccellati, a historic made in Italy brand passes into foreign hands, becoming the property of the Chinese group Gangsu Gangtai Holding which as acquired 85% of the company’s shares for a figure close to €200 million. Buccellati Holding Italia is a market leader in jewelery, watchmaking, and luxury accessories. It stems by the merger of the existing brands Mario Buccellati and Gianmaria Buccellati, which correspond to the names of two father and son goldsmiths. In 2014, the group drew the attention of Chinese investors with the introduction of costly smartphone and tablet covers: a €150,000 iPhone cover and a €350,000 iPad cover. (9Colonne)
