Benetton scion plans modifications at household holding firm By Reuters


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© Reuters. FILE PHOTO: A brand of the Atlantia Group is seen outdoors its headquarters in Rome, Italy August 31, 2018. REUTERS/Alessandro Bianchi/File Photograph

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MILAN (Reuters) – Alessandro Benetton stated on Friday he accepted the place of chairman in his household’s holding firm Edizione to steer change within the group that controls a few of Italy’s largest corporations resembling Atlantia and Autogrill.

“I noticed a possibility for a change, to reinterpret the enterprise technique that has characterised us as a household over time,” the scion of the Benetton household stated in a Instagram video.

He replied to a follower that the group would comply with the precept of sustainability in a broad, social and international sense.

Benetton stated the group had made similar severe errors prior to now due assigning duties to the incorrect folks, and the collapse of the Morandi bridge in Genoa was a “tragic consequence.”

In 2018 a bridge run by Atlantia’s tollway unit within the northern metropolis of Genoa collapsed, killing 43 folks. The Benetton household backed the sale of Atlantia’s Italian motorway belongings to keep away from the threatened cancellation of its profitable concession.

Benetton, who leads Italian non-public fairness agency 21 Make investments, was appointed on Thursday as chairman of the household’s holding firm Edizione in a transfer that brings the Benettons again to the helm.

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