A financial procedure is in the final square that will result in the emergence of a novel 580-million-euro company.
It is being said that the merger between Parmareggio and Agriform (a company founded in Sommacampagna – Verona – whose core business area is private labels), two of the chief Italian companies in the hard cheeses market, will be finalised in a while. The new-fangled company will supposedly have a turnover of about 580 million euros, 170 million of which comes from exports.
PARMAREGGIO is the foremost company in the production and sale of Parmigiano Reggiano PDO and the core of a unified production system which promises a total supply chain control, that consist of agriculture and breeding activities along with the production of milk, cream and cheese.
And AGRIFORM is another leading cooperative company in the North East of Italy for PDO cheeses. The reason behind their success is the stories of men and women; of their work, their traditions, and the connections with their territory.
The product portfolio will consist of a major share of the two chief Italian PDO kinds of cheese. On one hand, we have Parmareggio’s main business, Parmigiano Reggiano PDO in quite a few variants and occasions of use from grated to snack and in contrast, there is Grana Padano PDO, which denotes about 65% of Agriform’s sales.
We can’t wait to see what the companies come up with together.