Case history 03 June 2015

DE CECCO

In business since 1886, De Cecco is one of Italy’s oldest food companies and today is a reference point for the agrifood sector.

 

The De Cecco brand is an example of the quality of “Made in Italy” food around the globe and is currently active in 120 countries and aims to extend its influence to markets which are considered extremely profitable for pasta, such as the United States, France, Germany, Great Britain and South East Asia.

 

In order to grow and export around the world the company needs mid to long-term financial resources that can support the investments needed to internationalise.

 

That is why De Cecco has turned to SACE and obtained the underwriting of a bond issue worth 12.5 million Euro. The bond issue aims to finance the brand’s development plan in foreign markets such as the United States, Japan, Great Britain, Germany, France and South East Asia.

 

Thanks to the Export Development Fund, SACE can guarantee the financing of a wide range of activities and accompany the business worldwide.

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