The mixed entity would have had a turnover of 600 million euros in 2019
Agriform and Parmareggio have merged to kind the “largest Italian firm on the planet” of cheeses with a protected designation of origin (PDO).
Agriform, primarily based in Sommacampagna, province of Verona, is understood for its Grana Padano PDO cheese. Parmareggio, situated in Modena and a part of the Bonterre Group, is greatest recognized for its Parmigiano Reggiano PDO arduous cheese.
Beneath a three-year plan, the mixed entity plans to extend turnover from the preliminary 2019 base of 600 million euros (US $ 729.1 million) and in addition improve revenue margins, in line with a joint assertion, which offered no additional. particulars on phrases, financing or participations. .
just-food has reached out to the 2 corporations for clarification, however has not obtained a response as of this writing.
“The mixture of our productive chains – made up of greater than two thousand cattle ranchers and about twenty dairy farms – and our business networks, in addition to our frequent, strong and cooperative roots, will enable us to construct an much more strong firm and add worth. to our members’ merchandise, “the assertion learn.
Agriform is an organization with a turnover of 177 million euros based in 1980, whose exports characterize roughly half of its annual gross sales. It’s shipped to nations resembling the USA and Canada, Germany, Switzerland, Sweden and Spain in Europe and Australia.
In 2019, Parmareggio and Grandi Salumifici Italiani merged to create Bonterre, an agri-food group current in cured cheeses and chilly cuts.