Natuzzi selling foam maker to The Vita Group

The Italian upholstery furniture producer Natuzzi S.p.A. (Santeramo in Colle) wants to sell its foam manufacturer I.M.P.E. S.p.A (Naples) to the Italian subsidiary of The Vita Group (Manchester). An agreement to this effect has already been signed. The purchase price stood at €6.1m. The transaction is set to close ...

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