Italpizza receives €58 million to boost production capabilities
Deal News | May 20, 2025 | Cassa Depositi e Prestiti SpA
Italpizza SpA, a leader in the frozen pizza market, has secured €58 million in financing to enhance its production capacity and strengthen its competitive edge both domestically and internationally. This transaction, involving major financial institutions such as UniCredit, Banco BPM, BPER Banca, and Cassa Depositi e Prestiti, is backed by a SACE Guarantee. The agreement marks a strategic milestone for Italpizza as it focuses on expanding its plant operations in Modena, Castelbelforte, and Mortara. Italpizza plans to employ this financing to innovate and optimize production via advanced industrial models, moving towards a goal of 575 million pizzas by 2028. This strategic growth initiative reflects Italpizza's commitment to sustaining its market leadership in the agri-food sector by enhancing efficiency and incorporating cutting-edge technology into its operations. The plan also includes developing a new logistics hub to support its expanding market reach. Esteemed company figures such as Andrea Bondioli, Managing Director, and various bank representatives underscore the emphasis on leveraging this investment to advance Italpizza's research and development, as well as its sustainability goals.
Sectors
- Food Manufacturing
- Financial Services
- Logistics
Geography
- Italy – Italpizza is an Italian company, and the expansion involves plants located in Italy, making the geography primarily Italian-focused.
- International – Italpizza generates a significant portion of its turnover from international markets, reflecting the company's global reach.
Industry
- Food Manufacturing – Italpizza is involved in the production of frozen pizzas, a segment of the broader food manufacturing industry.
- Financial Services – Major financial institutions are providing the financing necessary for Italpizza's expansion, exemplifying the involvement of financial services in supporting industrial growth.
- Logistics – The development of a logistics hub is part of Italpizza's broader investment strategy to enhance distribution efficiency.
Financials
- €58 million – Total funding provided for Italpizza’s strategic development plan.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Italpizza SpA | Target company | Company | A leading producer of frozen pizzas based in Italy, distinguished by its artisanal production process. |
| Cassa Depositi e Prestiti SpA | PE Firm | Company | A major Italian financial institution involved in providing financing for Italpizza's strategic development. |
| UniCredit | Global Coordinator | Company | A leading bank acting as the global coordinator for the finance deal. |
| Banco BPM | Lender | Company | One of the major banks providing financing to Italpizza. |
| BPER Banca | Lender | Company | A bank participating in the finance package for Italpizza. |
| SACE | Guarantor | Company | An organization providing a guarantee backing the financing deal. |
| Andrea Bondioli | Managing Director and General Manager | Person | Managing Director and General Manager of Italpizza Group. |
| Matteo Rusciadelli | Business Manager | Person | CDP Business Manager overseeing support for Italpizza. |
| Andrea Burchi | Regional Manager Central-North | Person | Regional Manager at UniCredit, involved with the financing transaction. |
| Marco Notari | Head of the Corporate Market Central-North | Person | Banco BPM executive supporting the Italpizza transaction. |
| Massimo Lanzarini | Head of Corporate Services | Person | BPER Banca representative involved in the financing deal. |
| Milo Bertoni | Senior Relationship Manager | Person | SACE manager supporting the project through guarantees. |