A bond for Grissitalia’s growth, 103 million in revenue 2025

Bond issue for Grissitalia, a specialist in bread and substitute bread products, through a minibond worth 4 million euros with a term of 5 years.

Technically, the issuance was carried out by a special-purpose vehicle, named Mortirolo Bb Spv, which financed the transaction by issuing securities subscribed by Bper Banca and Cassa depositi e prestiti, in equal shares.

Four plants for Grissitalia

The amount is intended to support the industrial and infrastructure investment plan of the company from Alessandria, founded in 1974.

Grissitalia is a leading company in the bakery sector (industrial breadmaking and bread substitutes), with a truly impressive range, extending to snacks and pizza and pinsa bases. It should be noted that the sector is constantly evolving.

It currently has 4 plants in Italy, with production of approximately 80.000 tonnes per year, delivering its products through the main distribution channels: Gdo, discount and Horeca.

At the Oricola (L’Aquila) plant, long-life bread is produced. The Alessandria factory specialises in the typical “pinzato” Turin breadstick, stretched and pinched at the ends, and in American sandwiches. The Mombercelli (Asti) plant is dedicated to the production of frozen bread, while the Prato Sesia (Novara) plant focuses on fresh bread.

The plants comply with all regulations and technical standards guaranteed by the Ifs, Brc, Icea certifications (ethics and the environment), and Rspo, the global standard that ensures the production and traceability of sustainable palm oil.

Exports to thirty countries

Grissitalia, of the Dagna family, which founded it, reported, in 2025, according to the Report Aziende, turnover of 103,3 million euros, compared with 101,1 million in 2024 and 98 in 2023.

Profit also increased, rising to 2,2 million euros, compared with 1,8 million in 2024 and 2023.

Active not only in Italy but also abroad (with around thirty countries covered across Europe, Asia and the USA), the Piedmont-based company also takes part in major international events such as Gulfood Dubai and Summer Fancy Food Show in New York.

The financing is part of Bper and Cdp’s Basket Bond programme which, with a total allocation of 250 million euros, was structured with the aim of facilitating small and medium-sized enterprises’ access to the capital market, supporting their growth projects, increasing their competitiveness and diversifying their sources of finance.

GRISSITALIA’S HISTORICAL MILESTONES

This article was translated from the original Italian version with the assistance of artificial intelligence. In case of discrepancies, please refer to the original Italian version.