The Benetton family office: Edizione

The Benetton family: An Italian Fashion Dynasty

The company, founded by four siblings named Luciano, Giuliana, Gilberto, and Carlo, transformed one simple idea into a fashion empire. The journey began after their father died when the then-14-year-old Luciano went to work in a clothes shop in Treviso, Italy. At the time, his sister Giuliana was knitting a bright yellow jumper which got attention from Luciano’s colleagues. This was the beginning of their fashion empire. Benetton quickly became famous for its bright and colorful sweaters. Their first international store opened in Paris in 1969. They later expanded to New York City in 1980.

Edizione: Italian family office and its investment focus

The family office was established in 1965 and is one of the oldest active family offices in Europe. Edizione focuses on strategic investments in key sectors such as infrastructure, real estate, finance and industry. Consolidated revenues of Edizione amounted to €9.5 billion at the end of 2023, while approximately 80% of revenues were gained from international markets. The Net Asset Value is valued at €11.7 billion. The company has invested almost half of its portfolio in transport infrastructure – particularly thanks to the infrastructure operator MUNDYS – another 19% in digital infrastructure companies, and 13% in financial institutions. 9% is invested in real estate and food and beverage. Of course, last but not least – in fashion.

Overview of Ediziones investment portfolio

As mentioned above, the Benetton Family Office invests in various sectors. Some of its major investments include Cellnex, a provider of wireless telecommunications infrastructure, and Assicurazioni Generali, an insurance company. Edizione’s real estate portfolio includes 76 properties in 12 countries with an estimated value of €1 billion.

Picture Source: Claudio Hirschberger via Unsplash