, McLaren and Jaguar Land Rover among them. With its first foreign acquisition, a majority stake in the U.K.’s KJ Ryan Ltd., Poltrona Frau aims to become a leader in the bespoke luxury car business.
The acquisition is key for Poltrona Frau as it marks the first acquisition in a foreign market since its founding 112 years ago. In terms of the Interiors in Motion business unit, it is the very first acquisition. Poltrona Frau has been a crucial player in Italy’s transportation industry, especially since the establishment of its Interiors in Motion Business unit in the mid-’80s, Riccobon explained.
Dario Rinero, CEO of Haworth Lifestyle, highlighted the potential of the bespoke auto interior segment.
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