Riello Investimenti-backed Gruppo P&P completed the acquisition of Arzuffi.

Riello Investimenti-backed Gruppo P&P, a company specializing in the production of working and promotional clothing, completed the acquisition of Arzuffi, a company specializing in machinery for high vacuum coatings, as well as applications for the metallization of products. Financial terms were not disclosed. "The acquisition of an innovative company such as Arzuffi represents an important step in the development of the P&P Group, in line with our objectives of enhancing Italian excellence in innovation and accelerating the growth processes of SMEs through acquisitions. It makes us proud to continue investing in technologies with almost zero environmental impact, such as PVD, which today represents the best alternative to traditional galvanic finishes," Nicola Riello, Riello Investimenti SGR President.