We have advised the shareholders of Sacs Tecnorib, a global leader in the Maxi-Rib sector and one of the main players in Italian boating, on the sale of a minority stake to NUO, an investment holding backed by prominent international families.
Founded in 2021 through the merger of Sacs and Tecnorib, the group reached a value of production exceeding €70m in the last fiscal year, with over 70% from exports and a 25% CAGR over the past three years. This growth is fuelled by a robust and expanding international footprint along with the continuous development of its product portfolio, which currently features the Strider and Rebel lines as well as Pirelli Speedboats under license.
NUO is an investment holding backed by prominent, multi-generational international entrepreneurial families. NUO aims to invest in medium-sized companies that embody Italian excellence in consumer goods, supporting their growth in international markets to establish them as global players. Its portfolio companies include Scarpa (sportswear), Subdued (teen fashion), Andriani (innovation & healthy food), Montura (sportswear), Venchi (food), Ludovico Martelli (personal care), Bending Spoons (digital), and Slowear (fashion).
The partnership, founded on a shared vision and common values, aims to combine the expertise of Sacs Tecnorib and NUO to enable the group to strengthen its leadership in the European market, further advancing its internationalisation, particularly in the American market, and pursuing growth through the acquisition of complementary brands.
Under the agreement, which includes the sale of a minority stake by the current shareholders, Matteo Magni will retain control of Sacs Tecnorib. Governance continuity is ensured, with the active involvement of the two founding partners: Matteo Magni, who will also assume the role of CEO in addition to his current position as President, and Giovanni De Bonis.
