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Announced

NUO Capital to acquire a minority stake in SCARPA.

Synopsis

NUO Capital, an investment holding company, agreed to acquire a minority stake in SCARPA, an Italian outdoor footwear company. Financial terms were not disclosed. "We are proud to join SCARPA, a project dedicated to the continuous pursuit of excellence, built on values such as integrity, fairness, and attention to people and the surrounding community. We are committed to supporting the Parisotto family in the long term, empowering SCARPA to become a global testimony of a company capable of achieving significant business results while maintaining its core values and spirit," Tommaso Paoli, NUO Capital Founder and CEO.

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