Two new acquisitions in the luxury footwear district on the Riviera del Brenta for Nice Footwear. The Padua company, active in the footwear sector and 51% controlled by the private equity firm Palladio Holding, continues with its development plan in the field of high-end production with Corrado Maretto and Dyva. Objective: to become a strategic partner for luxury brands. «We chose these companies because they are two excellences of the Brenta Riviera, complementary to each other and within our group» states Bruno Conterno, founder and CEO of Nice Footwear «in this way we rise to a production capacity of around 400,000 pairs per day year, with extremely qualified research and development centers. Production capacity is fundamental, but following the evolution from design to quality production is equally important. The market requires more and more research and development, attention to materials and sustainability.”
With these two acquisitions, the Padua group doubles its turnover to around 100 million, with a total of 300 employees. Founded in the Seventies, Corrado Maretto in Vigonza (Padua) and Dyva in Fiesso D’artigianato (Venice), specialize in the production of luxury women’s footwear and collaborate with prestigious international brands. Nice Footwear, based in Padua, has been involved in the creation, development, production and distribution of footwear since 2016. The company’s “Shoe Trends Architects” work alongside the designers of major international brands to create fashion and trends in the footwear sector. Since 2021, with the acquisition of Favaro Manifattura Calzaturiera and Emmegi, excellences in the production of high-end footwear and accessories, it has pursued its development plan as a Venetian aggregator of manufacturing companies.
«The moment that luxury footwear is facing is complex and difficult to interpret» continues Conterno «in this period we want to reorganize the supply chain and guarantee transparency and certification, the use of sustainable logic, these challenges are opportunities for us. We are investing now in Veneto to be ready in the future as a partner for product development and production for luxury brands.” Nice Footwear’s strategy is aimed at the continuity of the core business of the acquired companies and the current management. «The desire is to create a virtuous circle to enrich skills and strengthen synergies at the supply chain level, thus increasing efficiency and services», the company said in a note.
The path is also shared by the figures at the helm of the Corrado Maretto and Dyva companies, who will maintain an operational role in continuity with the management. «We want to create a zero km supply chain in Veneto, guaranteeing brands an eco-sustainable project in the territory», continues the founder of Nice Footwear, «we have an ambitious plan: to strengthen the parent company capable of attracting excellence to enhance the skills of the territory . Now we are also looking at other companies in the supply chain, upstream of assembly, such as hemming and stitching, to create a supply chain governed and owned by Nice Footwear.” Conterno’s project was started in 2021 with the acquisition of Favaro Manifattura Calzaturiera, followed in 2022 by that of Emmegi, excellence in the production of high-end accessories and bags.
The entry of Palladio Holding through Holding Stilosa, which occurred last year following the delisting from the Italian Stock Exchange, allowed the group to obtain new financial resources and skills to support its expansion path. «We are proud to support far-sighted entrepreneurs like Bruno Conterno with whom we share a strategic vision and commitment to grow, enhancing the artisanal excellence of the territory and of Made in Italy, through synergistic operations» comment Nicola Iorio and Nadia Buttignol, Managing Partner and Partner respectively of Palladio Holding «the acquisitions represent an important step in the industrial project alongside Nice Footwear». —
