Italy’s oldest dairy company has borrowed money against cheese aging in its warehouse, taking advantage of a law change aimed at helping food and wine producers access finance.
Brazzale SpA, a company founded in 1784, raised €10 million ($11.4 million) from Italy’s state lender Cassa Depositi e Prestiti and Cherry Bank SpA, backed by products in the maturation process, owner Roberto Brazzale said at a press conference on Tuesday. | #FirstpostNews
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Italy Dairy Company | Cheese Industry | Inventory Financing | Business News | Italian Cheese | EUR 10 Million | Dairy Business | Food Industry | Italy News | Corporate Finance | Breaking News | Investment | Economic News | Business Strategy | World News | Firstpost
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