Managed to include company protecting another one producing fur (7)
I believe the answer is:
raccoon
'fur' is the definition.
(raccoon is a kind of fur)
'managed to include company protecting another one' is the wordplay.
'managed' becomes 'ran' (both can mean organised or was in charge of).
'to include' means one lot of letters goes inside another.
'company' becomes 'co' (abbreviation).
'protecting' is an insertion indicator (inserted letters are held or protected).
'another one' becomes 'co' (I can't explain this - if you can you should give a lot more credence to this answer).
'co' placed around 'co' is 'ccoo'.
'ran' enclosing 'ccoo' is 'RACCOON'.
'producing' is the link.
Can you help me to learn more?
(Other definitions for raccoon that I've seen before include "Arboreal mammal" , "Animal with grey fur and black bands across tail and face" , "Nocturnal mammal native to N America, and its fur" , "North American omnivore" , "Furry grey forest mammal, black-banded on face and tail" .)