For the Auricchio Group, €10 mln for sustainable business development, with SACE

The image accompanying the News on the €10 million loan to the Auricchio Group to support the production cycle, with a view to increasing attention to the environment and the development of the companies part of the corporate structure, portrays a moment of the hand-crafting of the Provolone

Intesa Sanpaolo is providing €10 million to support the Auricchio Group's investments in its production cycle, with a view to increasing its focus on the environment and development of its companies, such as Gennaro Auricchio, Cascine Emiliane, F.O.I. and Caseificio Villa.

The financing, €9 million of which is backed by SACE's SupportItalia Guarantee, was structured by the Agribusiness Department, Intesa Sanpaolo Group's agribusiness centre of excellence.

The Agribusiness Department provides sector companies with credit, planning and specialised consultancy in a variety of areas, from generational change to female entrepreneurship, young people, sustainability, digitalisation and international growth.

The Auricchio Group is a world leader in the production of provolone cheese, one of the leading producers of the great traditional Italian cheeses and one of the most esteemed Italian food companies in the world.

Photo credits: courtesy the Auricchio Group

Last updated 20 November 2023 at 12:41:14