The group Pradaone of the most important brands of world luxury, entered with a participation within a company protagonist of the Italian fashion sector chain. It is Rino Mastrotto Groupspecialized in high quality tanning and controlled by the Renaissance Partners group.
The operation should close relatively quickly, between the end of the second quarter, which ends in June, and the beginning of the third quarter of 2025. Some details must still be finalized, but it seems that the investment is destined to end positively.
Prada enters the Rino Mastrotto group
In total, Prada should come into possession of the 10% of Rino Mastrotto Group’s actionsguaranteeing a minority share within the company in exchange for an important investment in one of the most active realities in the skin supply chain and in general of fashion in Italy.
“With the entry into Rino Mastrotto we strengthen the garrison of a highly strategic phase of the production process. Our groups share the passion for quality, innovation and sustainability, and we are happy to promote synergies and the consolidation to strengthen the supply chain and the Made in Italy“Said Patrizio Bertelli, president and executive administrator of the Prada group.
The operation was rewarded by the markets. The title of Prada, listed on the Hong Kong stock exchange, gained 1.7% at the end of the day. A positive day for the stock exchange group, after a very difficult first part of 2025, which saw it lose almost 20% of its market capitalization.
The details of the operation
Prada’s investment provides that Superior Spa and Tannerie Limoges sas tannerie come part of the Rino Mastrotto group, after purchasing the actions that are still not detained. Both companies are part of the Prada group and, in this way, they will strengthen the role of the tanning within the Italian chain.
In fact, these are two solid realities, already included in the industrial fabric. SUPERIOR STRENGE specializes in the processing of the calfskin, and had been acquired in part by Prada in 2022. Tannerie Limoges is instead a French company specialized in lamb skin, with 70 years of history behind him, 10 of which in the Prada group.
To get to 10% of the group’s share capital Rino MastrottoPrada will also invest an unpleasant share of money, which will allow you to obtain a minority participation.
The Rino Mastrotto group
Rino Mastrotto is one of the most important concerts in Italy. Founded in 1958 in Vicenza, it developed through various acquisitions and mergers, diversifying its business model. The market of fashion It represents 50% of its turnover, but it also works a lot for automotive, 30% of revenues, and for the production of luxury furniture, 20% of the turnover.
“This operation demonstrates the will of our company to continue investing in the luxury segment; the entry of the Prada group in our share capital supports the long collaboration and the mutual estimate And he brings a wider industrial vision aimed at long -term growth, “commented Matteo Mastrotto, CEO of Rino Mastrotto Group.