With SACE €10 mln to support the growth of La Regina di San Marzano

Intesa Sanpaolo and SACE are supporting the sustainable growth of La Regina di San Marzano SpA with three lines of financing totalling €10 million.

The investments of the Campania-based canning company, with a production site in Scafati (Salerno), are specifically aimed at:

• increasing the plant's production capacity by optimising the red line, with particular reference to the production of ready-made sauces for the North American market
• improving environmental sustainability, by installing a state-of-the-art photovoltaic system on a new building, that will also improve the current logistics efficiency
• expanding wastewater and production waste treatment plants.

SACE backed with its guarantees two of the three credit lines provided by Intesa Sanpaolo through S-Loan ESG financing – instruments specifically developed to support companies in achieving sustainability-related objectives.