Wise Equity completed the acquisition of vittoria.

Wise equity, a private equity fund, completed its acquisition of vittoria, a bicycle tires manufacturer. Financial terms were not disclosed. “We are proud and enthusiastic that we have invested in a leading company in its sector, which possesses a young and dynamic management team. Together, we plan to implement a development strategy relying on both organic and external growth and aim to make the Group even more international and complete in terms of technology and product offering. We believe that the company has enormous room for growth and we are ready to contribute the resources necessary to that end,” Paolo Gambarini, Wise Equity Founding Partner.