The founding family retains a 15 percent stake, reports say
Italian private equity firm Clessidra has sold its 85 percent stake in Italian jeweler Buccellati to the Chinese Gangtai Group, according to a report in Reuters.
The founding Buccellati family retains a 15 percent stake, the news agency said.
Neither Buccellati nor Clessidra could be reached for comment.
Clessidra first bought a stake in Buccellati in 2013.