Alantra Private Equity facilitates the merger of SPW Fabrics and MITI, creating a leading European platform in high-performance technical fabrics with strong growth potential.

Target Company Overview

Alantra Private Equity has successfully facilitated the merger of SPW Fabrics, a leader in technical fabrics production from Spain, and MITI (Manifattura Italiana Tessuti Indemagliabili S.p.a), a renowned warp-knitted fabric manufacturer from Italy. This strategic partnership combines the strengths of both companies, leveraging SPW’s expertise in circular knitting and MITI’s advanced warp-knit technology. Founded in 1931 and headquartered in Urgnano, Bergamo, MITI is recognized as a benchmark provider of high-end cycling and sportswear fabrics, while also expanding its footprint in workwear and fashion markets.

The newly formed platform will boast approximately €50 million in revenues, employ over 300 professionals, and operate four manufacturing facilities across Spain, Italy, and Hungary. With more than 70% of sales generated through international channels, this alliance marks a significant leap towards creating one of Europe’s most comprehensive portfolios of high-performance fabrics.

Industry Overview

The technical fabrics industry in Europe is thriving, characterized by robust demand in sectors such as sportswear, workwear, and fashion. As consumers increasingly prioritize quality and sustain