Valsella was formed in 1969–1970 by Brescia-based entrepreneurs, Francesco Rena and Antonio De Cristofano, with ties to the Italian Ministry of Defence and the Redon Trust, a Schaan, Liechtenstein, based company of which one of the Valsella founders, Cristofano, was an attorney. In 1980 Valsella Meccanotecnica Spa was formed from the two companies, Valsella SpA and Meccano Tecnica MT SpA. Meccano Tecnica was a company, based in Castenedolo, that produced furniture, chairs and plastic containers especially for televisions. Meccano Tecnica was founded in 1962 but put into liquidation in 1979 just prior to its joining with Valsella. Meccano Tecnica was 50% owned by the Redon Trust.
