Rino Mastrotto Consolidates Partnership with Prada
Deal News | Jun 05, 2025 | Legal Community Italy
Prada has signed a binding agreement to acquire a minority stake in Rino Mastrotto Group, an established supplier of bespoke materials and services for luxury fashion brands. The deal involves the transfer of 100% of Prada's shares in Conceria Superior Spa, a tannery they acquired in 2022, and Tannerie Limoges S.A.S., acquired in 2014. Prada will hold a 10% share of Rino Mastrotto Group, alongside cash investments. Legal and financial advisors have been engaged by both parties to support the due diligence and tax processes. The transaction is set to close by mid-2025, subject to the completion of certain conditions.
Sectors
- Luxury Goods
- Mergers and Acquisitions
Geography
- Italy – Rino Mastrotto and Prada are Italian companies, making Italy a significant geography in this transaction.
- France – Tannerie Limoges is a French company being transferred as part of the transaction, highlighting France's relevance.
Industry
- Luxury Goods – The article revolves around luxury fashion and leather goods, with companies like Rino Mastrotto and Prada involved in high-end leather production and luxury brand services.
- Mergers and Acquisitions – The main focus of the article is a transaction involving the acquisition of minority stake and asset transfer between Prada and Rino Mastrotto.
Financials
- 10% – Prada is acquiring a 10% stake in the capital of Rino Mastrotto Group.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Rino Mastrotto Group | Target company | Company | A leading supplier of materials and bespoke services for luxury fashion brands. |
| Prada Group | Bidding Company | Company | An Italian luxury fashion house acquiring a minority stake in Rino Mastrotto Group. |
| Conceria Superior Spa | Asset transferred | Company | An Italian tannery specializing in calfskin, part of Prada's previous acquisitions. |
| Tannerie Limoges S.A.S. | Asset transferred | Company | A French tannery specializing in lambskin, previously part of Prada's acquisitions. |
| Gatti Pavesi Bianchi Ludovici | Legal advisor | Company | Provided legal advisory services to Rino Mastrotto. |
| Alvarez & Marsal | Financial Due Diligence advisor | Company | Conducted financial due diligence for Rino Mastrotto. |
| Deloitte | Legal and Tax Due Diligence advisor | Company | Handled legal and tax due diligence for Rino Mastrotto. |
| beLab | Legal Due Diligence advisor | Company | Conducted legal due diligence for Prada. |
| PwC | Financial Due Diligence advisor | Company | Handled financial due diligence for Prada. |
| Legance | Tax Due Diligence advisor | Company | Handled tax due diligence for Prada. |