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
Hemink Groep has been acquired by Gimv
Gimv has acquired a majority stake in Hemink, a Dutch specialist in real estate renovation and maintenance. This transaction marks a new chapter for Hemink, as it seeks to expand its position as a national leader in sustainable property services through its new partnership with Gimv.
Learn moreOGD has been sold to Building Beyond Technology Group
Building Beyond Technology Group (BBTG) strengthens its position in the IT sector by welcoming OGD IT-Dienstverlening (OGD) to its platform. With over 1,400 employees, OGD is an established name in the Dutch market as a mission-critical IT service provider for large-scale clients. This addition not only increases BBTG’s scale but also enhances its domain expertise and execution capabilities through close cooperation with the other platform companies.
Learn moreThe Providence Projects has been acquired by UKAT Group
Celebrity-success rehabilitation center, The Providence Projects, has joined The UK Addiction Treatment (UKAT) Group, backed by Sullivan Street Equity Partners.
Learn more