Hind's subholding buys a majority stake in the Tuscan company specializing in high-quality leather cutting and processing dies and accessories, with a wide range of services for the
major luxury fashion houses.
With this new operation, HModa thus expands and integrates its offer in the world of intermediate processing, continuing its industrial path of investment in the excellence of the Italian fashion supply chain
HModa announces the acquisition of a 60% stake in Fustellificio Toscano S.r.l., a company specializing in high-quality specialty processing for the leather goods and footwear sectors, active in particular in the production of die-cuts and offering services such as printing, milling, cutting and high-frequency processing. Finalized through GAB, leader of the leather goods segment and entered HModa in August 2021, with this new operation HModa continues to expand its distinctive competencies with a new reality representative of the excellence of Made in Italy, also strengthening its positioning in the leather goods and intermediate processing segment.
Founded in 1976 in Valdarno, Fustellificio Toscano is a family business that has embarked on a path of innovation while preserving the authentic value of quality craftsmanship. Under the leadership of Leonardo Naldini, current CEO, and son of the founder, Ugo Naldini, the company has invested in important assets, including new plants and technologies to increase productivity and diversify its offerings, which currently include the production of leather cutting dies in the various product categories (leather goods, footwear, belting and small leather goods) and different types of printing (including high-frequency), milling and cutting. With a new 4,200-square-meter plant and research center opened last January in Pian dell’Isola, in the Figline and Incisa Valdarno area, Fustellificio Toscano operates with a workforce of about 70 employees and a 2023 turnover of about 8 million euros.
Claudio Rovere, founder and president of Hind, said, “With Fustellificio Toscano, HModa continues its path of enhancing the best representative realities of Made in Italy, expanding its know-how to be put at the service of the most important luxury maisons. As part of our strategic plan, we look with great attention to the world of intermediate processing for an ever greater integration of the supply chain and optimization in the different segments of the high-end fashion industry.”
Simone Lenzi, owner of GAB and head of HModa’s Leather Goods Business Unit, adds, “It is with enthusiasm that we also welcome Fustellificio Toscano, already an important partner of our other investee Seriscreen, the Tuscan screen printing and printing company specializing in leather and textiles, into the Group. As GAB and HModa we aim to strengthen the Leather Business Unit, integrating realities specialized in high quality intermediate processing, with the aim of responding to an even greater spectrum of needs of our customers in the luxury world and always guaranteeing high standards of excellence at every stage of the process.”
Leonardo Naldini, CEO of Fustellificio Toscano, says, “In HModa we have found what my family and I had been looking for a long time: an industrial partner with a long-term vision, who strongly believes in our project and will allow us to make an important leap in quality, also in synergy with the other excellences of the Group. Thanking Claudio Rovere and Simone Lenzi for their trust, we are certain of our value and will know how to integrate perfectly with the other realities of the HModa world to grow and improve together.”
