NUO

Overview

NUO is an investment holding company established in 2016, dedicated to supporting Italian consumer goods companies. The firm aims to strengthen management capabilities, foster international growth, and facilitate generational transitions while preserving the legacy, identity, and independence of its portfolio companies. NUO deploys patient capital from a select group of international, multi-generational entrepreneurial families who take an industrial, long-term investment approach. Since its inception, NUO has invested €500 million, acquiring minority and majority stakes in high-quality Italian consumer companies. The portfolio companies have achieved aggregate revenue growth of over 100% and profit growth of over 200%. NUO-backed companies have seen their combined workforce expand by over 35%, reaching 8,000 employees, making a positive impact on Italy’s industrial landscape. The firm's investment strategy focuses on Italian medium-sized enterprises with a long-term horizon. At the core of its investment strategy are the ingenious creators, passionate artisans, and visionary pioneers who are the true makers of Italian brands, products, and stories. With patient capital and an owner-operator mindset, NUO looks to continue this tradition of entrepreneurship, transferring knowledge from one generation to the next and sharing positive values with all its stakeholders. When assessing an opportunity, NUO follows three investment criteria: it must be a Good Deal, in a Good Company, with Good People. Long-term investment takes more than capital; it requires commitment over time. The firm looks for alignment of values with its partners to ensure sustainable growth together in the long run. NUO's current portfolio includes investments in companies such as Ludovico Martelli (Proraso and Marvis), Montura, Andriani (Felicia), Venchi, SCARPA, and Subdued. The firm has also acquired a majority stake in Bialetti, a renowned Italian coffee brand, for €53 million. NUO's investments have led to significant growth in revenue and profit for its portfolio companies, demonstrating its effective investment approach and commitment to enhancing Italian excellence in the consumer goods sector.

Investment Focus

• Alignment of values with partners
• Commitment to long-term growth
• Focus on Italian medium-sized enterprises with potential for international expansion

Portfolio Companies