Press release content from Business Wire. The AP news staff was not involved in its creation.
Natuzzi and The Vita Group Enter Into Agreement for the Purchase of I.M.P.E. S.p.A., an Italian Foam Manufacturer
January 8, 2021 GMT
SANTERAMO IN COLLE, Bari, Italy (BUSINESS WIRE) Jan 8, 2021
Today, Natuzzi S.p.A. (NYSE: NTZ) (“Natuzzi”) and The Vita Group (or “Vita”) announced that they have entered into an agreement whereby Vita Italy S.r.l., a wholly owned subsidiary of The Vita Group, will acquire I.M.P.E. S.p.A., a wholly owned subsidiary of Natuzzi based in Naples, Italy.