NUO Capital completed the acquisition of a 32% stake in SACS Tecnorib.

NUO Capital, a private equity firm, completed the acquisition of a 32% stake in SACS Tecnorib, an Italian marine company specializing in maxi-rib powerboats. Financial terms were not disclosed. “We are thrilled to announce this partnership, which we believe will deliver significant value and elevate our competitiveness on a global scale,” Matteo Magni, SACS Tecnorib President and CEO.