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Prada acquires 10% stake in Italian leather group Rino Mastrotto - Finance news and analysis from Global Banking & Finance Review
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Prada acquires 10% stake in Italian leather group Rino Mastrotto

Published by Global Banking & Finance Review

Posted on June 5, 2025

1 min read

· Last updated: June 5, 2025

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Prada Takes 10% Stake in Rino Mastrotto to Enhance Production Control

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)

Key Takeaways

  • Prada acquires 10% stake in Rino Mastrotto.
  • The acquisition aims to enhance production control.
  • Prada transfers two tanneries to Rino Mastrotto.
  • Rino Mastrotto is backed by Renaissance Partners.
  • The deal includes a cash investment by Prada.

Frequently Asked Questions

What percentage stake did Prada acquire in Rino Mastrotto?
Prada acquired a 10% stake in Italian leather group Rino Mastrotto.
What is the purpose of Prada's investment in Rino Mastrotto?
The investment allows Prada to strengthen its control over a highly strategic phase of the production process.
What tanneries will Prada confer to Rino Mastrotto?
Prada will confer Italy's Conceria Superior and France's Tannerie Limoges to Rino Mastrotto.
Who backs Rino Mastrotto?
Rino Mastrotto is backed by the private equity firm Renaissance Partners.
What sectors does Rino Mastrotto produce leather for?
Rino Mastrotto produces leather for the luxury, automotive, and interior design sectors.

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