Vita Italy S.r.l. entered into an agreement to acquire I.M.P.E. SpA Industria Meridionale Poliuretani Espansi from Natuzzi S.p.A. (NYSE:NTZ) for €6.1 million on January 8, 2021. The consideration is subject to customary purchase price adjustments and warranties and the transaction is subject to customary closing conditions. The transaction is expected to be completed in the first quarter of 2021.