Nuova Castelli S. p. A. is planning to acquire North Coast Spolka Akcyjna (WSE:NCT) and delist it, according to MF. Separately, Nuova Castelli is also studying acquisitions in the United States where it is not present yet, MF said. Nuova Castelli is currently holding talks with several firms with sales of over $50 million.

Those potential targets have distribution platforms capable of selling all Nuova Castelli products, the Italian daily said.