Slow Fiber expands: new members for sustainable Italian textiles
The Italian network of companies in the sustainable textile and furnishings sector announces the addition of eleven new manufacturers.
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The Group from Arzignano (VI), one of the top players at global level, has acquired a majority stake in the Portuguese company Coindu - Componentes Para A Indústria Automóvel, S.A.
October 2024
Gruppo Mastrotto S.p.A. has acquired a majority stake in Coindu – Componentes Para A Indústria Automóvel, S.A., through a capital injection aimed at supporting the company’s relaunch. Founded in 1988 in Portugal, Coindu is a leading designer and manufacturer of high-quality leather and textile automotive interiors. The acquisition allows Coindu to become part of a Group, like Mastrotto, a leader in the leather sector, strengthening its financial and operational stability. For Gruppo Mastrotto, the transaction represents an important step towards vertical integration, increasing the company’s ability to provide complete solutions for car interiors and further consolidating its competitive position in the global market. Both companies aim to expand their presence in the luxury segments, using their combined know-how to meet the highest standards of premium customers in their respective sectors. The Gomes family will retain a minority stake in Coindu and the current management will continue to play a strategic role in the company after the transaction.
The Italian network of companies in the sustainable textile and furnishings sector announces the addition of eleven new manufacturers.
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The company has achieved the highest EcoVadis accreditation, reserved for just 1 per cent of the world’s most exemplary organisations.
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The Tuscan cruelty-free brand, selected as one of Europe’s 13 most innovative companies at the NEB Fashion Adaptor in Paris, presented its first barefoot trainer, the NURI, at Pitti Uomo.
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