Unicredit and SACE support sustainable investments by Cattel

Unicredit Board of Directors on quarter postponed to May 4th

(Finance) – UniCredit and SACE support Cattel’s sustainable development plans, national leader in the distribution of food and non-food products to the Horeca channel. The bank has in fact issued a loan worth € 6.5 million euros, assisted in part by the SACE guaranteeto support the growth of the company in Italy and in the world.

The resources will serve to support a broad plan of corporate investments on the sustainability frontstructural growth and extension of the best technologies in warehouse automation, aimed at reducing consumptionto the optimization of times and the maximization of loads and of storagewith efficiencies across the entire supply chain.

II “Sustainable Future” loan is an ad hoc solution designed by UniCredit for companies that are committed to improving their sustainability profile and is bound to achieve two ESG objectives that the company is committed to achieving within 3 years: the saving / offsetting emissions direct / indirect CO2 / greenhouse gases ed interventions to improve safety of its collaborators. This type of loan recognizes the company a reduction in the rate applied compared to the standard conditions for this type of operation, upon verification of the achievement of at least two set objectives.

Cattel offers a product catalog that ranges from meat to fish, from grocery to drinks, from confectionery to chemical groceries, from bread products to fruit and vegetables, from gastronomy to savory snacks, from dairy to cured meats. The company, founded in 2001, is now one
of the most important realities of specialized food distribution at Horeca and is present in over 30 Italian provinces between Veneto, Friuli-Venezia Giulia, Lombardy and Emilia-Romagna.

“We closed 2021 with a turnover of over 90 million, marking an important rebound after the first pandemic year, 2020; the expectations for 2022 are very good, such as to make us resume the growth path suspended in 2019”, he said. Alberto AugustiniCEO of Cattel.

Luisella AltarUnicredit North East Regional Manager, commented “we strongly believe in the innovative companies of ours
territory and for this reason we have decided to support a dynamic company like Cattel, which has decided to invest to improve the sustainability of its production cycle.

Marco MartincichMid Corporate Manager of the North-East of SACE recalled that “the Venetian company has made innovation and
pursuit of quality is its mission, becoming a local and national reference point in the Horeca sector. We at SACE, also through our local offices, are more and more at the side of companies every day to accompany them in their development plans “.

tlb-finance