Nice Footwear S.p.A. (BIT:NFT) acquired Favaro Manifattura Calzaturiera S.R.L. on June 30, 2021. Favaro Manifattura has annual turnover of €3 million. Michele Piazza and Mauro Busca of Strategya Srl brokered the transaction. Maurizio Castelli and Federico Dario of Studio Castelli-Salomone acted as legal advisors to Nice Footwear.

Nice Footwear S.p.A. (BIT:NFT) completed the acquisition of Favaro Manifattura Calzaturiera S.R.L. on June 30, 2021.