Metal accessories manufacturers: here are the 5 clusters revolutionizing the metal accessories’ market

Metal accessories manufacturers: here are the 5 clusters revolutionizing the metal accessories’ market

5 manufacturing clusters in an increasingly concentrated marketplace. The market for metal accessories manufacturers producing for the luxury and fashion industry is in a time of mergers. The last operation was closed by MinervaHub, which bought 100% of LTM, company located in Castrocaro Terme (Forlì-Cesena) “active in the creation and production of metal components for heels”. Excitement in this segment can also be measured by the rumors emerging. One sees Belgian group Groupe Bruxelles Lambert (GBL) interested in buying AMF Group from Alpha Private Equity. A trend seemingly not intentioned to stop.

The 5 clusters revolutionizing the metal accessories’ market

MinervaHub

MinervaHub, owned 75% by holding San Quirico, bought 100% of LTM (from which the image originates). The company is the reference partner for the main heels’ producers at global level when it comes to creating metal accessories and components. After this acquisition, MinervaHub owns 13 companies, with 6 focused on metal accessories.

Rumors regarding

AMF is headquartered in Bassano del Grappa (Vicenza). Since 2019 it has been owned by Alpha Private Equity, and includes Mimest, Italcatene, and French company Chaines et Cie, after having it purchased in July 2022. According to il Sole 24 Ore, Alpha is allegedly exploring the possibility of selling the group. Potential buyers include Belgian group Groupe Bruxelles Lambert (GBL), a holding active in other sectors. Negotiations have supposedly been ongoing for a while.

Altofare group

Altofare Group, led by White Bridge Investments, is also among the most important metal accessories’ manufacturers.  Last July it acquired Griste, while the rest of the portfolio is comprised by Lampa, OBI group, Forza Giovane, Conti e Vannelli, CDC and PF group.

Riri Group

Another is Riri, company based in Mendrisio (Switzerland). Riri acquired Cobrax Metal Hub, MR Plating, SPM Pressofusione, Amom, K4 Sint and DMC. In last March, the company was sold to Swiss Oerlikon, which bought it off from French group Chequers Capital.

MTW Holding

Last but not least, MTWH, which combines Metalworks, Mengoni e Nassini, FGF and Fixo. Last month, the group controlled by fund Dbag VIII, merged with Metalstudio and Metal Precius (a company owned by the same entity).

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