Mutti stretches out and invests Eur 11,5 million for acquiring machines and structures and other Eur 3,5 million, for acquiring production plant in Fordagosto Salerno. Mutti’s turnover rose 14,4% from Eur 166.7 million in 2013 to Eur 185 million last year, and the company’s chief executive Francesco Mutti, states that it is only the beginning.
“It is not the first year that we invest this kind of amount – he says – . From 20 years we have jumped 11 million revenues to the actual levels, from 30 million to 300 million tonnes of production. We have been doing this to enhance the growth and also for the high quality”. And the aim is to continue on this strategy.
This performances are supporting Mutti tomato brand on the international market, with a specific focus this year on the US market.
“ We are now present in the United Stated only in partnership with Monini brand and we are willing to implement strategy in order to penetrate the East Coast, actually it will be a linear growth of the products range” – and then he adds – .We are brand leader in French market with the tomatoes paste products and we are rising fast in others EU countries nowadays”. Export covers about 30% of the turnover . In the next future Francesco Mutti is shaping a new financial structure for the company, with the business run by a holding.