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Pasubio boycotts leather from illegal Paraguayan forests

Italy based Pasubio Group, one of Europe’s leading manufacturers of automotive leather, announced on December 20 that it will refuse to buy leather from suppliers whose activities directly or indirectly threaten the forests inhabited by the uncontacted Ayoreo people in Paraguay. Read More...

Pasubio acquires Hewa Leder

The Arzignano based automotive and upholstery tanner has announced the corporate acquisition of Hewa Leder, German leather manufacturers for the premium luxury segment of the automotive and yachting sector, which supplies brands such as Rolls Royce (BMW) and Alpine.

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CVC rumoured to be planning sale of Pasubio

British private equity firm CVC Capital Partners is rumoured to be planning a sale of its shares in the Italian automotive upholstery tanner. Both parties have so far declined to comment when approached by local media.

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Pasubio triples employee bonuses

The automotive upholstery leather tanner has announced it will triple bonuses for its employees, despite the uncertainties in the market caused by the pandemic. Overall, the company will allocate vouchers and premiums worth €350,000.

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Equity firm acquires majority stake in Pasubio

One of the leading premium and luxury automotive leather producers in Italy, Conceria Pasubio has been acquired by CVC Capital Partners. The Pretto family, that currently owns the tannery, is to retain a minority shareholding in the leather supplier. 

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