Second investor takes stake in Rino Mastrotto Group - leatherbiz: Lead Leatherbiz

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Second investor takes stake in Rino Mastrotto Group

03/10/2019
Arzignano-based leather manufacturer Rino Mastrotto Group has sold a further 11% of its equity. Following the acquisition of 70% of the group’s equity by investment group Nb Renaissance Partners in August, reports in Italy say another investor, Nb Aurora, has now purchased 11%. Both investors are part of the Neuberger Berman group.

Rino Mastrotto’s family remains a minority shareholder in the leather manufacturing company and has said it intends to maintain a strategic role in running it.



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