Finance
Prada acquires 10% stake in Italian leather group Rino Mastrotto
Published by Global Banking & Finance Review®
Posted on June 5, 2025
1 min readLast updated: January 23, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on June 5, 2025
1 min readLast updated: January 23, 2026
Prada acquires a 10% stake in Rino Mastrotto, aiming to enhance production control by transferring two tanneries and making a cash investment.
MILAN (Reuters) - Prada said on Thursday it acquired a 10% stake in Italian leather group Rino Mastrotto, as the luxury group aims to tighten its grip over the production process.
Under the deal, Prada will confer to Rino Mastrotto two tanneries - Italy's Conceria Superior and France's Tannerie Limoges - and said it will make a cash investment, without specifying the figure.
"Investing in Rino Mastrotto allows our group to strengthen its control over a highly strategic phase of the production process", Prada's Chairman Patrizio Bertelli said in a statement.
Rino Mastrotto, backed by private equity firm Renaissance Partners, produces leather for the luxury, automotive and interior design sectors.
(Reporting by Elisa Anzolin)
Prada acquired a 10% stake in Italian leather group Rino Mastrotto.
The investment allows Prada to strengthen its control over a highly strategic phase of the production process.
Prada will confer Italy's Conceria Superior and France's Tannerie Limoges to Rino Mastrotto.
Rino Mastrotto is backed by the private equity firm Renaissance Partners.
Rino Mastrotto produces leather for the luxury, automotive, and interior design sectors.
Explore more articles in the Finance category
