Spanish leather company Colomer y Munmany, owned by Gruppo Colomer, has joined forces with Chinese sheepskin manufacturer Henan Prosper.

The two firms have established a joint venture, which will involve an investment of €13.5 million ($17.1 million). One 20,000 m² factory will be located in Mengzhou, in the province of Henan, China, in which most of the production will take place. Another facility, measuring 2,500 m² will be based in Vic, Barcelona, and will specialise in producing small leather goods, mainly for the European market. This unit will also be responsible for research, development and innovation.

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