Auricchio Strengthens Sustainability with €10 Million Investment
Deal News | Dec 12, 2024 | Cassa Depositi e Prestiti SpA
Auricchio, a historic leader in the production of traditional Italian cheeses, is embarking on a significant investment initiative focused on sustainable development, productivity enhancement, and competitiveness. Facilitated by a €10 million loan from Cassa Depositi e Prestiti (CDP), partially secured by SACE through the Future Guarantee instrument, these resources are directed towards the energy renovation and environmental protection of Auricchio's production facilities across Italy. This funding supports Auricchio's 2024-2027 Investment Plan, aimed at energy upgrades and new developmental initiatives. CDP's financial backing and SACE's guarantee are pivotal in steering the company towards sustainable growth. Founded in 1877, Gennaro Auricchio S.p.A., now an international group, is dedicated to promoting Italian cheese traditions globally.
Sectors
- Dairy Industry
- Sustainable Development
- Financial Services
Geography
- Italy – The article is centered on Italian companies and infrastructure, specifically focusing on the operations of Gennaro Auricchio S.p.A and the financial involvement of Cassa Depositi e Prestiti and SACE in Italy.
Industry
- Dairy Industry – This article is relevant to the Dairy Industry as Auricchio is a prominent company in the production of traditional Italian cheeses.
- Sustainable Development – The article focuses on sustainable development through energy and environmental upgrades of Auricchio's facilities.
- Financial Services – The involvement of Cassa Depositi e Prestiti and SACE in providing financial resources highlights the role of financial services in enabling business investments.
Financials
- €10 million – The amount provided by CDP to support Auricchio's sustainable development and energy upgrades.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Auricchio Group | Target | Company | A historic leader in Italian cheese production, undergoing sustainable development and productivity enhancements. |
| Cassa Depositi e Prestiti | Loan Provider | Company | A significant financier providing a €10 million loan to support Auricchio's sustainable development initiatives. |
| SACE | Financial Guarantor | Company | Provides a partial guarantee for the loan through the Future Guarantee instrument supporting Auricchio's investments. |