Poltrona Frau Corners Bespoke Auto Market With First Foreign Acquisition

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Italy's Poltrona Frau, makes its first foreign acquisition with a majority stake in U.K. bespoke auto interiors firm KJ Ryan.

, 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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