Funding of $6 million for the development of Eurostampa North America
Intesa Sanpaolo will support the development plan for the US market with a medium/long-term loan of 6 million USD for capital expenditure and the strengthening of industrial production.
The transaction, which Intesa Sanpaolo’s New York branch took part in, was completed very quickly despite the current emergency.
Also on this occasion, despite the very difficult situation, Intesa Sanpaolo is supporting the international expansion of the best companies by giving them access to its international network to enhance their competitive strength at global level. In addition to channelling liquidity to companies to help them get going again, we want to be a driver of strategic development for their future.
Teresio Testa, Head of the Piedmont, Valle D'Aosta and Liguria Department of Intesa Sanpaolo
Eurostampa is a family-owned group based in Italy’s Langhe region, which has grown its business throughout the world thanks to its unique skills and technologies in the production of high quality labels.
In 2007 the company began its expansion in the USA with the acquisition of a plant in Cincinnati (Ohio).
Eurostampa North America was the first and fundamental step in the international expansion of the Eurostampa group, which has allowed us to take a lead role on the world stage, with our products now sold in over 40 countries.
Gianmario Cillario, CEO of Eurostampa North America
Photo courtesy of Eurostampa
Last updated 29 May 2020 at 15:02:10
