# Mantero acquires 70% stake in Maglificio Ites

Mantero, an Italian textile company, acquired a 70% stake in Maglificio Ites, a knitwear manufacturer based in Agliana, Italy, with 44 employees. The acquisition is part of Mantero's 2024-2026 strategic plan to expand its product range in the luxury market.

- Type: Acquisition
- Announced: 2024-09-23
- Where: Agliana, Pistoia, Italy
- Status: announced
- Products: knitwear, textile accessories
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Mantero](https://endata.com/companies/79989.md) (acquirer)
- [Maglificio Ites](https://endata.com/companies/79990.md) (target)

## Sources

- [milanofinanza.it](https://www.milanofinanza.it/fashion/mantero-rileva-il-70-di-maglificio-ites-per-rafforzarsi-nel-lusso-202409231205399829), 2024-09-23: "Si tratta della prima acquisizione di maggioranza che Mantero realizza negli ultimi anni ed è un momento emozionante per tutti noi."
- [it.fashionnetwork.com](https://it.fashionnetwork.com/news/Mantero-acquisisce-il-70-di-maglificio-ites,1665794.html), 2024-09-23: "Mantero, eccellenza comasca specializzata nella produzione di tessuti e accessori tessili per la moda e il lusso, ha annunciato l’acquisizione del 70% di Maglificio ITES."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.