Andrea Manganelli was born in Florence in 1941 and started his career as an entrepreneur in the wood industry at a very young age. In the 1980s, he transformed from a mere distributor of the Swedish abrasive company Ekamant AB into a main shareholder, starting international expansion that faced him with the major global markets. In 1987, he co-founded Toscana Finanza Spa with other entrepreneurs from Florence, operating in the market of NPL (non performing loans) and distressed assets. After being listed on the Italian Stock Exchange, Toscana Finanza was acquired by Banca IFIS S.p.a. in early 2012.
For over 15 years, Next Holding Spa has been the family office managing the fortune and assets of Andrea Manganelli and his daughters, Beatrice and Camilla, who hold 100% of the shares.
The Manganelli family's philanthropic endeavors extend beyond their investments in local companies, as they have sought to support, in its own small and private way, various organizations believed to foster positive impacts on both people and the environment, among the others FAI (the National Trust of Italy), Greenpeace, the "Pane Quotidiano" Association, FILE (the Italian Lenitherapy Foundation), Dynamo Camp and the Meyer Children's Hospital.