The Lanificio Fratelli Cerruti is a privately-held fine fabric mill in Biella, Italy. [1] Founded in 1881 by Antonio Cerruti with his two brothers and a cousin, it has since been managed by the Cerruti family and is currently owned by Fratelli Piacenza. In 2022 Gruppo Piacenza S.p.a. bought the company. [2]
It is a separate company from the Cerruti 1881 luxury fashion house owned by the Hong Kong conglomerate Trinity Ltd., [3] which was in turn purchased by Shandong Ruyi in 2017. [4] [5] [6]