Intesa Sanpaolo Grants €20 Million Loan to Middleby Subsidiary for European Expansion
Reuters
Jan 29
Intesa Sanpaolo Grants €20 Million Loan to Middleby Subsidiary for European Expansion
Intesa Sanpaolo, through its Banca dei Territori Division, has provided a €20 million loan to Colussi Ermes S.r.l., a subsidiary of the Middleby Group. The financing aims to support Middleby's European expansion, specifically for the development of the Middleby Innovation Hub in Casarsa della Delizia, northeastern Italy.
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