CDP: first minibond in Sicily to drive the growth of Cantine Ermes

CDP: first minibond in Sicily to drive the growth of Cantine Ermes

The 5 million euro issue by the wine producer is completely underwritten by Cassa Depositi e Prestiti and guaranteed by SACE.
 

Ramp up the efficiency of the factories to improve production processes and support the investment plan for the acquisition of new winemaking systems and machinery. These are the main goals of the 5 million euro minibond issued by Cantine Ermes and underwritten by Cassa Depositi e Prestiti with the Archimede guarantee of SACE.

More specifically, the resources will be used to support the Group’s growth programmes in all Regions in which it operates, through: extraordinary maintenance on the buildings, systems and machinery at the various production sites in Sicily, Puglia, Veneto, Lombardy, Emilia-Romagna and Abruzzo, and the purchase of new grape transformation systems and machinery for winemaking and storage processes.

The implementation of these measures, outlined in the Cantine Ermes 2025-2030 Business Plan, will enable the Group both to improve and innovate its production processes, so it can continue to produce quality wines, and to consolidate its competitive position in the industry, improving its efficiency in the process.

Founded in Santa Ninfa (Trapani) in July 1998, Cantine Ermes is a wine-producing farming cooperative that manages over 14,000 hectares of vineyards together with its 2708 winemaker members. In terms of area, it is the largest leading wine-producing cooperative in Italy. Cantine Ermes operates in six Regions: Sicily (main area, where the company was founded and began to develop), Veneto, Puglia, Abruzzo, Emilia-Romagna and Lombardy, and today, 25 years on, it is an innovative, dynamic and international organisation which produces 18 million bottles distributed in 42 countries.