Manteco on LSEG
Manteco has been selected as one of the "1000 companies inspiring Europe" by London Stock Exchange Group. A report of the London Stock Exchange, celebrating of some of the fastest-growing and most dynamic small and medium-sized enterprises (SMEs) in the UK and Europe. As well as identifying 1,000 companies, the annual reports examine in detail the opportunities and challenges facing SMEs and looks at the sectors and trends that will shape the future of the British and European economies. Established in 1943 by Enzo Mantellassi, Manteco has been making high-quality fabrics from virgin and recycled materials for more than 70 years, and now exports to more than 30 countries worldwide. Running the business is the founder’s son, Franco, and grandsons, Marco and Matteo Mantellassi, who have worked hard to keep the family firm thriving in a turbulent period for Italy’s economy. “We still make everything here in Italy and operate from the famous Prato textile district, and the daily challenge of the fabric sector is to help the textile district of Prato stay alive,” explains Marco, CEO. “As a result we invest heavily in the processes of our entire supply chain, because every single company contributes in a fundamental way to the production of the fabric.” The investment is clearly working: Manteco’s production capacity currently runs at over seven million metres of fabric per year, and the firm’s “unique know-how” is now on display via a public archive of more than 40,000 pieces produced by the firm. Marco attributes this success to an integrated supply chain and an unwavering commitment to R&D. “Thanks to very deep R&D activity, the company is able to make products balanced between classic and contemporary, with innovative finishing that enhances virgin and regenerated wool,” says Marco. This novel combination of classic and contemporary has won the firm clients around the world, including international and sustainable fashion brands. “European governments must recognise that the value of the fabric produced in the Prato district is unmatched. These fabrics are produced from old, used garments brought back to life through age-old processes, skilled workmanship and pioneering technology. These raw materials provide a much-needed sustainable option – one that governments should be enhancing and supporting,” Marco says.