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Keep reading...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.
