The deal, supported by Renaissance Partners, includes a cash investment by Prada and the transfer of two tanneries ' Conceria Superior in Italy and Tannerie Limoges in France ' into Rino Mastrotto's portfolio. Financial terms were not disclosed. Rino Mastrotto, controlled by private equity firm Renaissance Partners, is a key supplier of premium leather to the fashion, automotive, and interior design industries. The agreement allows Prada to secure greater control over an essential part of its production process, while supporting Rino Mastrotto's consolidation in the luxury leather sector. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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