MTWH
MTWH is a leading group of Italian companies manufacturing high quality metalware accessories for luxury fashion brands. Currently, the group is composed of 6 main companies:
- Metalworks: zamak components,
- FGF: focus on zamak components (acquired in 2018)
- Mengoni & Nassini: brass accessories (acquired in 2020)
- Fixo: low tonnage metal (acquired in 2022)
- Metalstudio: brass, steel, and zamak accessories for leather goods and shoes (acquired in 2023)
- Florenradica: wood accessories and 3D printing (acquired in 2023)
The group is one of the few integrated players covering the entire value chain from product development, industrialisation, production to finishing, operating in a closed ecosystem in Italy.
Ownership
Investment year
Castelli Calepio, Italy
Industrials
“Leading Italian platform investing in companies producing metal and non-metallic accessories for clothing, leather goods and shoes for luxury goods”
Investment thesis
- Strong growth of the luxury market
- Highly fragmented market with significant whitespace for sizable and top-quality suppliers
- Very good relationship with the global luxury brands
- Unique platform to consolidate the sector
- Strong management team able to rapidly integrate acquisitions