PAI Partners, the independent private equity firm that has agreed to acquire automotive leather manufacturer Pasubio, has made it clear it intends to support the management team’s growth strategy.

Pasubio chief executive, Luca Pretto, said on confirming the deal that the tanning group wants to grow “both organically and through acquisitions”.

At the time of the announcement, PAI echoed this ambition. It said it was committed to supporting the efforts of Pasubio’s management team in “further consolidating the fragmented global automotive leather market”. It also said it would support the diversification of the company’s offering into “other premium automotive interior materials”. 

Image: Pasubio

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