History and Milestones
1922
Founded
In 1922, a group of business partners led by Giovanni Schneider starts a new wool trading company that soon becomes a successful business, thanks to the enthusiasm, commitment and good market insight of its founders.
1940
Australian Trading
Schneider acts mainly as a trader of Australian greasy wool, focusing on high-quality merino wools particularly in demand by European-based textile companies.
1950
Top Making
As a result of economic growth and major textile innovations, traditional wool traders gradually turn into top makers. Schneider, too, follows this path by investing in innovation and developing the technical know-how necessary to obtain high-quality combed slivers from the most refined wools.
1988
Purchase of Pettinatura Lane
Together with Loro Piana, Schneider purchases Pettinatura Lane in Rieti, Italy, making its first industrial investment and transforming Schneider from pure trader into topmaker.
1989
Purchase of Pettinatura di Verrone
Schneider purchases Pettinatura di Verrone, again together with Loro Piana, which will sell its shares to Schneider in 2002 to re-enter the partnership in 2012.
1993
New Zealand
G. Schneider New Zealand is founded for sourcing New Zealand merino wool.
1996
Monital
The Group purchases and subsequently revamps a cashmere dehairing mill in Ulaanbaatar, Mongolia. The company’s name becomes Monital. It reopens with the first European standard water treatment in Mongolia.
1999
Argentina
The Group builds the Argentinian combing mill in Trelew, in the prairies of Patagonia.
1999
Authentico®
The Authentico® brand program is established to build a direct supply chain with Australian breeders, which will give birth to the Authentico® Integrity Scheme.
2002
Fuhrmann
The Schneider Group acquires Fuhrmann 1735, a Dutch company and the world’s oldest wool trading company. Fuhrmann boasts a subsidiary in New Zealand specialising in crossbred wool for furnishings, which will later merge with G. Schneider New Zealand. The combing mill in Argentina is renamed Fuhrmann.
2004
Jiangyin Shenghai
Production begins at Jiangyin Shenghai Industrial Company in Zhangjiagang, at that time the most modern combing plant built in China.
2006
Joint venture with Tintoria di Sandigliano
Jiangyin Shenlong Textile Treatment Company is founded in Zhangjiangang (anti-shrinkage wool treatment) as a joint venture with Tintoria di Sandigliano, whose stake was acquired by Suedwolle in 2014.
2007
Sanin
Sanin, owner of an extensive plot of land in the Argentinian Andes, is acquired to begin the preservation of wild vicuna and the harvesting of this most precious fiber.
2008
Egypt
The Group closes its Rieti, Italy mill, opening a new mill in Sadat City, Egypt, in 2011 to ensure greater competitiveness in medium-fine tops. Carbonising is added to combing.
2012
Pettinatura di Verrone joint venture
Schneider transforms Pettinatura di Verrone into a joint venture with Loro Piana, Marzotto and Zegna. Unique in the industry, this successful alliance between competitors is created to safeguard the excellence of Made in Italy in the area of superfine wools and speciality fibers.
2012
Patagonia
Fuhrmann begins to directly manage farms in Patagonia to strengthen its supply chain in Argentina.
2025
The Modiano Group
The Schneider Group becomes part of G. Modiano Ltd. It includes the Italian trading operations and Italian and Egyptian mills, the buying offices in Australia and the buying and trading activities in New Zealand.
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