Noah Holding in Armenia has acquired Robur Siena, an Italian football club based in Siena, Tuscany and playing in Serie C, the company said in a Facebook post.

According to a report by Armsport.am, Noah's press secretary Ruben Meloyan has said that the acquisition of the European football club is one of the ambitious projects of the group of companies.

"The new team will strive to achieve success this season and advance to the next league in the Italian football. Noah Holding will not stop here though and could possible announce a new interesting project in the near future," Meloyan said.