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Agreement between UniCredit and Besana to support the production chain of hazelnuts in Italy and abroad

UniCredit finances the development of the BISC Network project - "Besana International Supply Chain" with 2 million euros. The agreement on Agro-Food Supply Chains has been signed to support the Italian hazelnut production chain

Naples, 8 May 2018 - UniCredit and the Besana Group, a leading company in Italy in the production, processing and marketing of hazelnuts and nuts in general and dried fruit, signed an agreement and finalized a 2 million euro financing operation aimed at supporting the Italian and foreign production chain of hazelnuts, almonds, nuts and dried fruit, with the aim of increasing the penetration capacity of the company together with the participating companies on the national and international market.

The Besana Group, whose history dates back to 1921 with the foundation of the company "Emilio Besana & Co." in San Gennaro Vesuviano (near Naples), is today owner of several production sites in Italy and abroad, for an annual volume of 42 thousand tons of nuts and dried fruit and a turnover of about 190 million euros, with a consolidated position on foreign markets which represent 90% of turnover.

The 2 million euro credit line, granted by UniCredit, has the scope to support the development of the BISC Network project - "Besana International Supply Chain" - which envisages the development of an international "procurement" network and a supply chain quality control among the Besana Group's foreign companies (Besana SpA, Besana UK and Besana International), with the aim of supporting the process of purchasing "premium" quality raw materials and services from foreign suppliers, in order to improve profitability, as well as quality and efficiency in the cultivation of raw materials, and to encourage crops in areas with a strong productive vocation, especially in Eastern European countries (Ukraine, Kazakhstan, Romania, Hungary, and Croatia).

The loan transaction was coordinated by the Campania North Corporate Area of UniCredit with the guarantee of SACE, who together with SIMEST form the export and internationalization hub of the CDP Group.

In addition, UniCredit, recognizing the potential of the supply chains for the Italian production system, and in order to build up a network of qualified suppliers in the area, able to support the growth process of the Besana Group in terms of quality and organization, has signed with the Campanian company the agreement on Agro-Food Supply Chains. The project realized by UniCredit addresses the specificity of the production process through a dedicated model that starts from the identification of characteristics typical of the relationship between the lead company (hub) and the lending companies (spoke), in order to identify the needs of the companies involved. This is made possible also through the exchange of information between the lead company and the bank regarding the analysis of the production process and the role of its contributors.

The plan includes the offer of short, medium and long-term financing products tailored to specific needs, with the aim of encouraging the growth of the entire production sector, both national and regional. Finally, the agreement also gives members the opportunity to access training plans, with a program of free of charge courses dedicated to those who want to implement their knowledge on any banking and finance, export or internationalization topics.

"The full control of the supply chain is the pre-condition for a real generation of value for the Group - explains the President of the Besana Group, Giuseppe Calcagni - and the development of research and development activities on this front are the main strategic element to be guarded".

"We have an important program of technological investments continues the CEO of the Besana Group, Riccardo Calcagni - alongside training activities and growth of the Group's human capital, to maintain at high level the know-how in the supply chain activities and to allow a correct combination of Italian know-how and the growth potential of global procurement. The planned supply chain controls, in fact, allow the achievement of the highest quality of the raw material in compliance with the principles of product healthiness and ethical cultivation techniques, which are primary values for our Group"

The agreements signed between UniCredit and Besana will allow the company to increase revenues and improve overall profitability, as well as further strengthen its position as a leader in Italy and as a player with a strong international focus. Over the next three years, the Besana Group expects revenues to grow by about 50%, an increase in production of 30% and an increase in employment of 25 units, of which 23 in Campania, with positive effects for the entire supply chain of the Italian food chain of hazelnut production, expected to grow by 10% in 2018.

With the new Agro-Food Supply Chain Project, UniCredit – who have been supporting the development of Italian agro-food sector and who in the last two years have provided to the sector New Finance more than 3.6 billion euro at national level – continue their commitment to the economy of the territory.

Press Contacts

UniCredit – Media Relations Sud Italia

Francesco Squitieri

Mob. 335.5494594

Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Besana Group - Office

Vittoria Calcagni

Mob. 340 0630830

Mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


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