Home » Lanificio Manteco supports 56 small suppliers: “Together for green luxury”

Lanificio Manteco supports 56 small suppliers: “Together for green luxury”

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Economic and social sustainability extends from the wool mill-client to the subcontractors of the supply chain, and becomes a barrier against the pandemic crises of the “little ones”.

It happens to Manteco in Montemurlo (Prato), a leading company in recycled wool fabrics for clothing, with a turnover of 70.7 million euros in 2020 with a gross operating margin of 13.6 million, which has applied the recipe of “making a system “Involving in the (many) projects aimed at reducing the environmental impact, recovering processing waste, regenerating used garments, the producers of the supply chain: finishing, spinning, weaving and other subcontracting companies that carry out phases of the process (completely traced) and that , as is typical of the Prato district, are located within a radius of 10-15 kilometers.

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The ‘Manteco System’, made up of 56 companies that have an aggregate turnover of about 32 million, have almost 900 employees and have signed a charter of ethical and environmental values, was born when Covid was a science fiction virus, but it turned out valuable at this stage.

“In the last year and a half particularly difficult, marked by the pandemic and decreases in turnover, none of our production partners has been in crisis – explains Matteo Mantellassi, at the helm with his brother Marco of the company founded by the family in 1943 – and this is because we give them strategic support: we not only secure orders but support them with financial aid, we test the quality of their productions in the laboratory to improve them, we transmit the know-how acquired by experimenting with materials and colors in our recycled research center, we help them find the specialized personnel who often cannot find “.

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The ‘Manteco System’ produces value for all links in the supply chain. “In 2020 we defended ourselves better than the textile-fashion sector”, underlines Mantellassi, indicating a drop in turnover of 21%. This year the Prato-based company, which in 2019 reached 90 million in revenues with almost 16 million ebitda, has started the rebound towards pre-Covid levels even if the market is still unstable, making us be cautious about forecasts.

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