Italian Sustainable Shoe Company ACBC Sells Majority Stake to Swiss Fund

Italian sustainable shoe brand and consultancy ACBC — known for its modular sneakers engineered with a zipper system that ties together the sole to several variants of the upper part — has found an investor.

The company said Thursday that it has sold a majority stake to Gyrus Capital, a European investment firm operating in the healthcare and sustainability sectors.

Financial details of the deal – expected to close in the second quarter of the year – were not disclosed.

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