Ancorotti Group get €10 mln, backed by SACE, to start up Ancorotti Perfumes

The image accompanying the News on the 10 million financing to Ancorotti Group for the start-up of Ancorotti Perfumes, which will strengthen the Crema group's offering in the perfume sector, portrays some machinery from the production process

Intesa Sanpaolo is supporting the Ancorotti Group's growth with €10 million and in particular the start-up of the newly established Ancorotti Perfumes, which will strengthen the Cremona-based group's offering in the fragrance industry.

The loan, with SACE's Future Guarantee, serves the investment plan and the opening of a new industrial plant in Crema dedicated to the production of perfumes for third parties: with a surface area of 5,000 square metres, it will create a hundred jobs.

Ancorotti Group is a leader in the cosmetics industry thanks to Ancorotti Cosmetics, one of the leading manufacturers of make-up and skincare products for the most important international beauty brands.

The operation is part of the programme "Your future is our business", with which Intesa Sanpaolo is making €120 billion available to Italian enterprises until 2026 to assist them in the transformation and renewal processes needed to support their competitiveness.

Photo credits: courtesy Ancorotti Group

Last updated 24 October 2024 at 18:37:45