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France claims victory over Formaggi Ferrari

The multinational giant Savencia moves from being a minority shareholder to becoming the owner of an icon of the Italian dairy industry

Ferrari Formaggi, an icon of the Italian dairy industry, is changing sides. The historic producer of Parmigiano Reggiano and Grana Padano, founded in 1823, is being acquired by the French group Savencia, which has held a 49% stake since 2010. This move allows the French group to consolidate its strategic position in the Italian market, already dominated by another French giant.

Financial terms of the acquisition were not disclosed.

Ferrari Formaggi, with a turnover of over €180 million in 2025, currently employs approximately 160 people at its headquarters in Ossago Lodigiano and has two plants in the Parma area. The 20-million-euro investment plan is scheduled to run through 2030; with it, the company aims to consolidate its competitiveness.

The founding family, who made the brand famous with the invention of GranMix in 1985, has confirmed its desire to ensure a transition marked by continuity: in fact, operational management will remain entrusted to Massimo Estrinelli, while Laura Ferrari will maintain her role as honorary president, thus ensuring the link with the tradition and identity that have characterized over two centuries of business.

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EFA News - European Food Agency
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