• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Home
  • About
  • Forum
  • Design Studio
  • Upholstery Jobs
  • Newsletter
  • Sponsors

The Hog Ring

Auto Upholstery Community

  • Facebook
  • Instagram
  • Twitter

Auto Leather Company Sells for $715 Million

June 25, 2021 By Nadeem Muaddi

The Hog Ring - Auto Leather Company Sells for 715 Million

Pasubio, the company that makes leather for such such luxury automakers as Bentley and Maserati, just sold for more than $715 million.

PAI Partners, a European private equity firm, acquired the company from CVC Capital Partners VI.

Based in Vincenza, Italy, Pasubio employs about 1,000 people in six facilities, where it does everything from tanning to specialty cutting of leather hides for premium and luxury automakers. Its clients include Porsche, BMW, Bentley, JLR, VW, Rolls-Royce, Lamborghini and Maserati.

CVC reportedly grew Pasubio from a local manufacturer into a multinational leader in the field of leather production. PAI hopes to build on that growth, and even expand Pasubio’s offerings into other premium automotive materials.

“We have very much enjoyed our journey with CVC, and we would like to thank them for all their support in helping us transform under their ownership. Over the last few years, we have further professionalized our operations and processes, through a combination of new skills and automation, as well as built-up an unrivaled track record of quality and service for our clients around the world,” Pasubio CEO Luca Pretto said.

“We are very excited to be partnering with PAI and to benefit from their strong experience going forward, as we look to further grow our position as a global and diversified market leader, both organically and through acquisitions.”

The deal is expected close in October 2021, and is estimated at 600 Euros, or $716 million. Now that’s one helluva pay day!

Related Stories:

  • The Vegan Leather Market is valued at $90 Billion
  • Automotive Interiors will be worth $153 Billion
  • Headliners Alone are a $20 Billion Industry

Filed Under: Archive, Industry Trends & Reports Tagged With: Auto Trim, Auto Upholstery, Car Interior, CVC Capital Partners VI, PAI Partners, Pasubio

Primary Sidebar

anal porno bangbros rus porno yaşlı porno konulu porno olgun porno porno izle sarışın porno bakire sex 69 porno

THR Sponsors

NC Sewing Machines
Miami Corporation - Right Rail Ad 3
  • Keyston Bros
  • OEM+ Banner Ad - The Hog Ring
  • Hyde Leather
  • Leather Craft
  • Albright's Supply
  • Douglass Interior Products

THR Favorites

Auto Upholstery - The Hog Ring - Design Studio - Chevrolet Chevelle

Design Studio: 1968-72 Chevelle Door Panel

We’re continuing our popular door panel … [more] about Design Studio: 1968-72 Chevelle Door Panel

The Hog Ring - Bosch GSG 300 vs Acu-Cutter 500

Dead Bosch Foam Saw? Try the Acu-Cutter

Ever since Bosch discontinued its popular GSG … [more] about Dead Bosch Foam Saw? Try the Acu-Cutter

Auto Upholstery - The Hog Ring - Rexel Pneumatic Lifting Table

Dream Garage: Pneumatic-Lifting Table

This is the first in a new series of articles … [more] about Dream Garage: Pneumatic-Lifting Table

Auto Upholstery in the Early 1900s

Trimmers have a long and storied past – one … [more] about Auto Upholstery in the Early 1900s

5 Ways to Handle Difficult Customers

  We’ve all experienced difficult … [more] about 5 Ways to Handle Difficult Customers

The Hog Ring - How to make a seat from scratch

How to Upholster a Car Seat From Scratch

Check out this awesome guide on how to … [more] about How to Upholster a Car Seat From Scratch

Categories

Footer

Recent Articles

  • Listen to Fat Fender Garage on NC Shop Talk!
  • Don’t Leave Power Tools in Hot Cars — They Can Explode!
  • Everything We Covered in July 2025
  • Greek Police Busted a Gang for Infusing Leather with Cocaine
  • The Polestar 4’s Seats Were Inspired by Sneakers

Recent Comments

  • Edward Munday on Hidden Mouse Nest? How to Charge for the Extra Dirty Work
  • Jack on Keyston Bros. Acquires DLT Corporation
  • Brodie Smith on Aston Martin Just Introduced a New Convertible DB12
  • THE CAPTAIN on 6 Tips for Turning Callers into Customers
  • Dmei on Star Wars Seat Covers are ‘So Wizard’

Advertise With Us!

We're always looking for companies to collaborate with. Watch this short video about the benefits of sponsorship and then email us to say hi.

Copyright © 2025 · Magazine Pro On Genesis Framework · WordPress · Log in