The wool activities of the Schneider Group, with the exception of those in Mongolia and South America, have become part of London-headquartered Modiano.

Modiano, founded in 1957, has grown over the years into one of the most important wool top producers in the industry with production in Nejdek, Czech Republic – at a plant which houses one of the most modern and efficient wool scouring and combing factories in the world.

Modiano is known for its ability to offer prompt stock across a broad range of microns and treatment programme, including shrink-resistant wool.

Founded in 1922 in Sydney, Australia, the Schneider Group has meanwhile cultivated a global, integrated and certified network dedicated to preserving the tradition of excellence in animal fibre processing. The company initially focused on introducing the finest Australian wools to the European market. In the 1980s, the second generation expanded the company’s offerings by integrating industrial processing to ensure unparalleled quality and service. The third generation, Giovanni and Elena Scneider, have continued this legacy, implementing a fully transparent, controlled, traceable and ethical textile supply chain, from farm to garment, through the creation of the Authentico brand.

Together, the two companies will form a group that will fulfil the need for a diverse, reliable and stable player in the EMEA wool-trading and processing industry.

An extremely wide product range based on a large network of buying offices across the world and three outstanding mills in Italy, Egypt and Czech Republic, supported by a long-serving and highly experienced team serving the most demanding customers, are all key characteristics that the enlarged group will bring to the market.

Both Modiano and Schneider maintain dedicated sourcing facilities in key regions such as Australia, New Zealand and South Africa.

“In an era in which the textile industry and fashion brands seemed to place less emphasis on the excellence of raw materials, we continued to invest in traceability, sustainability, quality and Made in Italy,” said Giovanni Schneider. “Like our grandfather and father, we have always striven for excellence and believe that we represent luxury from the very beginning of the textile supply chain, serving as the link between the agricultural and industrial worlds. We extend our sincere gratitude to everyone who has contributed to the development of our company and its continued growth and evolution, believing in us and in our values, even during challenging times.”

  “This investment will further strengthen our commitment to innovation, sustainable practices and the preservation of traditional textile expertise,” added Michael Modiano. “Both being family-owned companies, we feel a strong sense of legacy in what we do, which gives us the ability to plan over the long-term, striving to build and improve upon the work of previous generations.”

www.gmodiano.com

www.gschneider.com