Prada Group has made a big move in the leather world by buying a 10% stake in Italian leather maker Rino Mastrotto Group.
This decision deepens the bond between the two companies and shows Prada’s long-term focus on high-quality leather craftsmanship.
As part of the deal, Prada will transfer full ownership of two of its leather companies Conceria Superior S.p.A. and Tannerie Limoges S.A.S. to Rino Mastrotto Group.
Along with these assets, Prada will also invest cash into the company, helping it gain a minority share.
The CEO of Rino Mastrotto Group, Matteo Mastrotto, welcomed the deal and said it shows the group’s plan to keep growing in the luxury segment.
“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.”
Matteo Mastrotto, CEO, Rino Mastrotto Group
This step is more than just a business move. It highlights how top luxury brands are working together to secure better control over their materials, quality, and supply chains in the long run.
