The Prada Group today announces the acquisition of 43.65 percent of the share capital of Superior S.p.A., a tannery in Santa Croce sull’Arno in the province of Pisa, Tuscany. The company, a leader in calfskin processing, has been active for more than 60 years in the Italian and international markets as a specialised tanner for the luxury sector.
Superior has recently focused its investments on process digitisation and a sustainable development plan focused on the circular economy, energy efficiency and water resource protection.
Under the agreement, management responsibility will remain with Stefano Caponi, the current CEO.
Patrizio Bertelli, CEO of the Prada Group, said, “The acquisition of a shareholding in Superior S.p.A. represents another important step in the strategic direction towards vertical integration of the Prada Group’s supply chain, through investments in infrastructure and people, to increase our industrial know-how as well as control quality along all manufacturing stages. This venture will enable us to accelerate our progress on important issues such as traceability of raw materials and transparency of our supply chain.”
Stefano Caponi, Chief Executive Officer of Superior S.p.A. added: “I have been on a long path with Superior that I consider virtuous, with the aim of increasing our environmental sustainability, whether through process or product sustainability. All with the intention of improving our production activities first, then studying technical and process improvements, with the ultimate goal of providing customers with products of excellence. Therefore, achieving Made in Italy to the highest degree, but in a more sustainable way and with the lowest possible environmental impact. My vision as an entrepreneur has been to find a balance between medium- and long-term benefits, guaranteed by industrial innovation and energy efficiency projects, with targeted investments that can be implemented immediately. This agreement with the Prada Group, which contributes to this vision, is a source of great pride and satisfaction for me.”
