What Raselli Franco does

Raselli Franco S.p.A., operating commercially as Gruppo Errepi, is a family-owned Italian luxury jewelry contract manufacturer founded in 1969 and headquartered in Valenza (AL), Italy. The company operates a fully integrated, in-house production cycle covering design, CAD/CAM-based prototyping, 3D printing, casting, polishing, and precious stone setting for gold, platinum, silver, and diamond jewelry, producing over 300,000 pieces and setting over 4 million stones annually with a workforce of more than 500 employees. Its commercial model is B2B OEM: Raselli Franco serves as the strategic industrial platform for Kering's jewelry division, manufacturing high jewelry and fine jewelry for Boucheron, Pomellato, Dodo, and Qeelin, with confidentiality of customer prototypes and new developments cited as a core operational principle.

The business monetizes through quote-based manufacturing contracts with luxury brand clients rather than publicly disclosed pricing. Direct international subsidiaries in France, the USA, Hong Kong, mainland China, and Canada (six countries total) provide customer proximity, after-sales service, and capacity for urgent or special commission production. Production management is described as fully automated for scheduling and tracking, while craftsmanship remains multi-generational and hand-based for finishing and stone setting. The company is certified by the Responsible Jewellery Council and has been recognized in Italian business press rankings (Best Managed Companies, I Magnifici lists).

In December 2025, Kering signed a staged acquisition agreement, completing the initial 20% stake purchase for €115 million in Q1 2026 at a post-money valuation of €575 million, with a contractual pathway to full ownership by 2032. As of April 2026, Raselli Franco is being gradually integrated into Kering's newly formed Kering Jewelry unit as a dedicated industrial platform, transitioning the company from an independent family-owned OEM to a captive strategic supplier within a global luxury conglomerate's vertical integration strategy.

Name

Raselli Franco

Legal name

Raselli Franco S.p.A.

Website

https://gruppoerrepi.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

11–50 employees

Short description

Raselli Franco is a family-owned Italian luxury jewelry contract manufacturer serving Kering's jewelry brands (Boucheron, Pomellato, Dodo, Qeelin) with fully integrated design, prototyping, casting, polishing, and stone-setting across six countries.

Ownership category

akta.pro rank

Product category

Luxury Jewelry Manufacturing

SIC

Jewelry, Precious Metal (3911), Jewelry, Silverware & Plated Ware (3910)

akta.pro primary industry

Stone Setting & Gem Mounting Services (CRAKAIAG)

akta.pro secondary industry

CAD/CAM, Wax Modeling & Prototyping Services (CRAKAIAJ)

Keywords

• Luxury jewelry manufacturing
• Jewelry prototyping services
• Precious stone sourcing
• High jewelry production
• Fine jewelry OEM

Headquarters

HQ city

Valenza

HQ country

Italy

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Jewelry Manufacturing Services: B2B manufacturing of high jewelry and fine jewelry including design, prototyping, casting, polishing, stone setting, and after-sales services for luxury brands. Production of over 300,000 pieces and setting over 4,000,000 stones annually.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Raselli Franco is a B2B original equipment manufacturer that produces high and fine jewelry for luxury brands under a fully integrated internal production cycle. The offering covers design, CAD/CAM and 3D printing prototyping, casting, polishing, precious stone sourcing, and stone setting for gold, platinum, silver, and diamond jewelry. Production capacity exceeds 300,000 pieces and 4,000,000 stones set annually, with after-sales and on-demand urgent commission services delivered through direct offices in five countries.

Product overview

Raselli Franco S.p.a. (Gruppo Errepi) is a family-owned international jewelry manufacturer founded in 1969, offering a completely internal production cycle from design through prototyping to casting, polishing, and stone setting. The company produces gold, platinum, silver, and diamond jewelry primarily as a B2B original equipment manufacturer (OEM) serving luxury brands. Its product portfolio includes Design Services, Prototyping, Precious Stone Sourcing, Manufacturing, and After-Sales & International Services — all delivered through a network spanning Italy, France, the USA, Hong Kong, China, and Canada. The company was acquired by Kering in a staged transaction beginning Q1 2026, with integration into Kering Jewelry as a strategic industrial platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Jewelry Manufacturing Services Fully integrated B2B jewelry manufacturing service covering design, casting, polishing, and stone setting for gold, platinum, silver, and diamond jewelry, delivered primarily to luxury jewelry brands as an OEM supplier.
• Design Services Design department services translating customer requirements into jewelry concepts, including product strategy, brand identity interpretation, collection development, and proactive innovation for luxury brand clients.
• Prototyping Prototyping service using CAD/CAM units and 3D printers in combination with hand craftsmanship, enabling rapid prototyping of new jewelry concepts for luxury brand customers.
• Precious Stone Sourcing Procurement service for precious stones and raw materials, leveraging long-standing partnerships and industry contacts to provide customers with competitive pricing on certified finished products.
• After-Sales and International Services Post-sale assistance and on-demand production of urgent, special, or custom-order jewelry pieces, delivered through the group's international office network across Italy, France, the United States, Hong Kong, China, and Canada.

Quantifiable outcome

• Over 300,000 pieces produced annually
• +1 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Damiani Group: Italian luxury jewelry group combining branded retail (Damiani, Salvini, Alfieri & St. John) with in-house manufacturing. Comparable as an Italian luxury jewelry manufacturer with overlapping production craft and brand heritage, though Damiani owns brands while Raselli Franco is a pure-play B2B OEM.
• Bulgari: LVMH-owned Italian luxury jewelry house with significant in-house manufacturing operations in Valenza. Comparable as a Valenza-rooted luxury jeweler with overlapping manufacturing capabilities and customer profile, though Bulgari operates its own branded retail rather than B2B OEM services.
• Swarovski: Global crystal and jewelry manufacturer with integrated B2B production operations across multiple countries. Comparable as a multi-country jewelry manufacturer with broad international reach, though positioned around crystal rather than precious-metal jewelry.
• Cartier (Richemont): Richemont's flagship jewelry brand with extensive in-house high-jewelry manufacturing capability. Comparable as a competitor in the high-jewelry production space and as a benchmark for vertically integrated luxury jewelry manufacturing, though Cartier operates its own retail network worldwide.

Direct peers

• Italpreziosi: Italian precious-metals refiner and B2B jewelry manufacturer supplying gold, silver, and platinum products to brands. Comparable as another Italian-based precious-metals and jewelry OEM serving brand clients, operating in overlapping supply-chain layers.
• Stuller: US-based leading B2B jewelry manufacturer and supplier of findings, metals, and finished pieces. Comparable as a high-volume B2B jewelry OEM serving independent and brand clients globally, though Stuller operates at a more mass-market price tier.
• Boucheron: Kering-owned Paris-based luxury jewelry maison. Comparable as the largest disclosed customer and now a corporate sibling under the Kering Jewelry umbrella, with overlapping high-jewelry product positioning and shared access to Raselli Franco's manufacturing capabilities.
• Hoover & Strong: US-based precious-metals refiner and B2B jewelry manufacturer. Comparable as a precious-metals-jewelry B2B supplier with integrated refining and production capability, serving brand clients with similar OEM-style service offerings.
• Pomellato: Kering-owned Italian luxury jewelry brand. Comparable as a sister brand under Kering Jewelry, leveraging Raselli Franco's manufacturing for high jewelry and fine jewelry production while operating its own branded retail.
• Chow Tai Fook: Hong Kong-listed, vertically integrated jewelry group producing over 3M pieces annually across branded retail and B2B. Comparable as a high-volume, multi-country jewelry manufacturer serving both own-brand and B2B channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Raselli Franco