Casillo Società Benefit has secured €30 million in financing from Cassa Centrale Banca, with 70% guaranteed by SACE Futuro. The funds will fuel the Apulian bakery company’s efforts to expand its export footprint and support the international launch of Altograno, a sustainable and innovative flour designed to meet rising demand for health-conscious and nutraceutical products.
The loan, with a 96-month term, underscores Cassa Centrale Banca’s commitment to supporting standout businesses in Italy. “We are delighted to finalize this transaction,” said Letterio Merlino, Chief Lending Officer. “It reaffirms our focus on empowering Italian enterprises that excel globally.”
Casillo’s President and CEO, Francesco Casillo, highlighted the project’s transformative potential. “This financing allows us to bring over four years of R&D to fruition. In January 2025, we will introduce Altograno, a revolutionary flour with higher protein, more fiber, and fewer carbohydrates, while delivering exceptional taste. This innovation creates a new category aligned with growing consumer demand for healthy, sustainable products.”