Acquisition in the luxury goods industry
Rino Mastrotto Group S.p.A., a portfolio company of NB Renaissance Partners Holdings Sarl, has acquired a majority stake in Mapel Group S.r.l.
Rino Mastrotto Group operates in the tanning and leather processing sector for the automotive, furniture and footwear industries. The group is specialized in the production and sale of premium bovine and calf leather for fashion and luxury items, high-quality leather for automotive steering wheels, with a growing presence in seats and dashboard, and for the upholstery industry.
Mapel Group is a company specialized in the manufacturing and sale of ribbons, inserts and accessories for luxury goods. Mapel Group, with over 30 years of experience in the market for leather tapes and components, is one of the leading Italian companies in this field and operates through two subsidiaries: Mapel Textile and Mapel Components.
The Leni and Ugolini families, the company’s founders, will retain a minority stake and continue to lead the company with key management roles.
Oaklins’ team in Italy acted as buy-side advisor to Rino Mastrotto Group (NB Renaissance) in the acquisition of a majority stake in Mapel Group.
Talk to the deal team
Related deals
Lumiforte partners with Kartesia to propel global growth and innovation
Lumiforte, a global leader in innovative smart coatings for greenhouse horticulture, sports line-marking and other functional coatings for agriculture and industry, is excited to announce an investment from Kartesia, a European specialist in capital solutions for small and medium-sized companies. Horticoop, a longstanding shareholder of Lumiforte and a key player in the horticultural industry through its investment cooperative, continues to remain a shareholder.
Learn moreYxion has been acquired by Normec
Normec has acquired Dutch consultancy Yxion from Antea. Through this acquisition, Normec continues its acquisition strategy in Europe, while also looking for expansion opportunities in the United States.
Learn moreLuxid Group has sold a minority stake to Voland Partners
Finnish marketing technology pioneer Luxid Group has sold its minority stake to the private equity company Voland Partners to boost its international growth.
Learn more