Nice Footwear Expands with Emmepier Acquisition

Nice Footwear, a Padova-based shoe company partially owned by the private equity firm Palladio Holding, has acquired Emmepier, a luxury upper-shoe production company located in Vigonza. This strategic acquisition is part of Nice Footwear's industrial plan to build a manufacturing hub in Veneto serving luxury fashion houses through a vertical integration strategy within Italy's production chain. The financial advisory was provided by Thera Capital with Michele Piazza, supported legally by Studio Legale Bruscagnin. The acquisition allows Nice Footwear to continue its project of fully controlling and certifying its production chain to enhance product quality and expand its high-end shoe manufacturing regionally. By integrating Emmepier, Nice Footwear aims to double its production capacity and improve its ability to meet luxury market demands. Additionally, in support of its industrial strategy, Nice Footwear has created a Compliance and Auditing department dedicated to ensuring the company meets high-quality standards for its products. As of 2024, Nice Footwear’s division dedicated to Italian production employed 250 people, with a plan to increase to 350 by 2026. Nicola Iorio and Nadia Buttignol from Palladio Holding have expressed their pride in supporting Nice Footwear's expansion through this significant step in their industrial plan that began in 2021, which has seen multiple acquisitions. CEO Bruno Conterno emphasized the strategic importance of integrating the production process to elevate the manufacturing sector, leveraging synergies and competencies to compete globally and meet stringent luxury brand standards.