idb is a brand of Italian high-end design furniture group.

Italian Design Brands S.P.A., headquartered in the downtown area of Milan, near Milan Cathedral, is a fund company with the concept of Italian high-quality design in the furniture industry, referred to as IDB for short. IDB has created a good environment for outstanding enterprises in the field of interior design, and its business model is based on company cooperation and exerts its potential on a global scale.

and make use of synergies to enhance the higher and more effective business performance of the Group. We seek to establish new partnerships with excellent interior design companies, which have successful entrepreneurial stories, recognized brands, excellent proprietary designs and high-quality products. In September 219, the headquarters of IDB Group plans to set up several branches in China, and by the end of 219.

IDB Group has established a wholly-owned subsidiary "Yidibao Trading (Suzhou) Co., Ltd." IDB Suzhou, west of Shanghai. The company was established to develop and promote the brand of the Group in a country with huge potential market like China. This is a real business platform for "cultural translation".

The leader of this team is Emanuele Nespoli, an Italian entrepreneur who has been in business in China for 2 years and has more than 1 years experience in furniture and design industry.

was appointed as the CEO of Suzhou Company, and fully controlled the operation of IDB brands in China market, such as Gervasoni, Very Wood, Meridiani, Cenacchi International, Davide Groppi, Saba and Modar all over the greater China market.

The main goal is to provide customers with the overall soft-packed design and imported home products of Italian designers, serving many different types of projects, from international hotels to private clubs, from western restaurants to private villas and luxury apartments.

in the next three years, the goal of IDB China is to develop dealers to 4 exhibition halls in tier 1, 2 and 3 cities. When this goal is achieved, that is, in 222, the Group will increase investment opportunities for China branches.

Italian high-end furniture group IDB acquires majority stake in luxury goods store engineering contractor Modal

Italian Design Brands (hereinafter referred to as IDB) announced that it has completed the acquisition of majority stake in luxury goods retail store engineering contractor Modal and became its major shareholder.

after the transaction, Dante Malagola, the founder of Modar, will continue to serve as the shareholder and general manager of the company and lead the company into a new development stage. In this transaction, Giovanni De Ponti, an expert and investor in furniture and design, also participated in the minority equity transaction.

Modar was founded in 1971, and its headquarters is Paderno Dugnano in Milan. Modar, the export volume accounts for more than 8%. For more than 4 years, the company has been building stores for the world's most famous luxury and fashion brands, providing the brand with full-process services from design to project delivery, and winning a good reputation for high-quality engineering and customer service.