Italy's fashion brand Prada takes 10% stake in Rino Mastrotto Group
Rino Mastrotto and Prada Group announce Prada Group's strategic equity investment in Rino Mastrotto Group.
The transaction entails the contribution in kind by Prada Group of 100% of Conceria Superior S.p.A. – following the acquisition of full ownership – and Tannerie Limoges S.A.S. In addition, Prada Group will make a cash investment, resulting, in total, in a 10% minority stake in Rino Mastrotto Group. This transaction further strengthens the strategic partnership between Rino Mastrotto – a global provider of materials and bespoke services for the luxury industry and a trusted partner to leading fashion houses – and Prada Group, fostering long-term industrial development and reinforcing the commercial relationship between the two groups.
Prada is set to acquire a 10 per cent stake in Rino Mastrotto Group by contributing Conceria Superior and Tannerie Limoges, along with a cash investment. The deal strengthens their long-term industrial partnership, enhances Prada's control over key production phases, and supports sustainable growth. Expected to close between late Q2 and early Q3 2025, it marks a strategic move in luxury manufacturing.
The transaction is expected to close between the end of Q2 and the beginning of Q3 2025 and is subject to certain customary conditions.
Matteo Mastrotto, CEO of Rino Mastrotto Group , commented: 'This transaction reflects our ongoing commitment to investing in the luxury segment. Having Prada Group as a shareholder is a testament to a long-standing collaboration built on trust and enhances our industrial vision to ensure sustainable growth.'
Patrizio Bertelli, Chairman and Executive Director of Prada Group , stated: 'Investing in Rino Mastrotto allows our Group to strengthen its control over a highly strategic phase of the production process. Our groups share a passion for quality, innovation and sustainability; we are proud to foster synergies and promote consolidation along the value creation chain and the Made in Italy.'
Alessio Masiero, Partner at Renaissance Partners , added: 'We are proud to welcome Prada Group as a shareholder in Rino Mastrotto. This transaction adds significant strategic and industrial value, further enhancing Rino Mastrotto's equity story and supporting both its growth and consolidation journey.' Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
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