Via #Reuters @ 4:53pm ET on Apr 16, 2025
#Bialetti, inventor of the octagonal #moka #coffee pot hailed as an icon of #Italian industrial design, has reached a deal with #NUO Capital which will see the business sold and delisted, the two companies said on Wednesday.
NUO Capital, registered in #Luxembourg, is an investment vehicle controlled by the #PaoChengs, one of #Hong Kong's wealthiest families.