Prada Strengthens Luxury Leather Production with Strategic Investment in Rino Mastrotto
Milaan, vrijdag, 6 juni 2025.
The luxury fashion giant Prada has taken a crucial step in its vertical integration strategy by acquiring a 10% minority stake in the renowned Italian leather producer Rino Mastrotto Group. This strategic move encompasses the transfer of two leading tanneries - Conceria Superior in Italy and Tannerie Limoges in France - along with an additional cash investment. By making this move, Prada strengthens its control over a critical phase in the production process and demonstrates its commitment to sustainability and quality in the luxury supply chain. The agreement underscores the growing trend of vertical integration within the fashion industry and Prada’s ambition to manage the full value chain of its products.
Strategic Investment in Luxury Leather Production
Prada Group has taken a strategic step on Thursday by acquiring a 10% minority stake in Rino Mastrotto Group, a leading leather producer. The transaction includes the transfer of two key tanneries: Conceria Superior from Italy and Tannerie Limoges from France, accompanied by an additional financial investment [1][2][3].
Supply Chain Reinforcement
Patrizio Bertelli, Chairman of Prada Group, emphasized the strategic importance of this investment: ‘This allows our group to gain more control over a crucial phase in the production process.’ Rino Mastrotto, supported by Renaissance Partners, is a prominent supplier of premium leather for luxury, automotive, and interior design sectors [4][5].
Financial Background
Rino Mastrotto Group has an impressive international presence with over 1,300 employees spread across five continents and generates an annual turnover of approximately €360 million [6]. The agreement is expected to be completed between the end of the second quarter and the beginning of the third quarter of 2025 [7].