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Latteria Soresina is financed by Deutsche Bank

5 million euros paid with Sace guarantee

Latteria Soresina Soc Coop obtained a loan of 5 million euros aimed at strengthening the liquidity used in the aging of the forms of Grana Padano Dop. The loan, with a duration of 5 years, was granted by Deutsche Bank and is backed by the Sace Guarantee Italy.

"The operation concerns the path taken by Latteria Soresina in satisfying the growing demand for more aged products by consumers, in particular for Grana Padano Dop Riserva, which requires 20 months of aging stronger and more enveloping flavor, without however abandoning the typical fragrance of Grana Padano", says Tiziano Fusar Poli, President of Latteria Soresina Sca.

The transaction concerns a company of excellence in the Italian dairy sector that operates in the premium segment of the traditional milk and cheese market: with over 411 million euros of consolidated turnover in 2019, Latteria Soresina Soc Coop, is a leader in Italy in the production of Grana Padano, leader in the premium segment of butter, among the first producers of provolone and pasta filata, and diversified into various other high quality dairy products.

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EFA News - European Food Agency
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