A loan of 20 million euros to support investments in research, development and energy efficiency at the historic Italian food company
CDP confirms its supporting role for the growth of Italian companies granting new funding to Colussi, an Italian company active in the food sector since 1911. The funding of 20 million euros will be used for technological innovation projects, to increase energy efficiency and environmental safety in the industrial sites of Fossano (CN) and Tavarnelle Val di Pesa (FI). Colussi will also be able to implement process innovation for the bakery lines, biscuits and pasta, increasing output and reducing average consumption for each product along with the environmental impact.
With over 100 years’ experience behind it, the Colussi Group represents excellence in the Italian food sector, known for the high quality of its products, which include pasta, rice and oven products. In particular, the trademark portfolio of the company features five of the best-known brand names in Italy: Colussi, Misura, Agnesi, Flora and Sapori 1832. With the support of CDP, the company can now continue on its growth path in the domestic and international markets, improving the efficiency and impact of its high-quality production.
The initiative is a concrete example of the support provided by CDP to the sustainable development of Italian entrepreneurship: from the beginning of the year to now, about 450 million euros have been provided to finance the companies and their R&D projects, the reduction of environmental impacts and support for the green economy. #wepromotethefuture