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Italy’s Oldest Dairy Taps New Way to Borrow Against Aging Cheese

Italy’s Oldest Dairy Taps New Way to Borrow Against Aging Cheese
Bloomberg Markets Tuesday 07 July 2026, 06:58 UTC By Luca Casiraghi 1 min read
Key Points

Italy’s Oldest Dairy Taps New Way to Borrow Against Aging Cheese Italy’s oldest dairy company has borrowed money against cheese still aging in its warehouse, taking advantage of a change in the law aimed at helping food and wine producers access finance. Brazzale SpA, a family-owned company founded in 1784, raised €10 million ($11.4 million) from Italy’s state lender Cassa Depositi e Prestiti and Cherry Bank SpA, backed by products in the maturation process, according to people familiar the...

Italy’s Oldest Dairy Taps New Way to Borrow Against Aging Cheese Italy’s oldest dairy company has borrowed money against cheese still aging in its warehouse, taking advantage of a change in the law aimed at helping food and wine producers access finance. Brazzale SpA, a family-owned company founded in 1784, raised €10 million ($11.4 million) from Italy’s state lender Cassa Depositi e Prestiti and Cherry Bank SpA, backed by products in the maturation process, according to people familiar the matter, who asked not to be identified because they’re not authorized to speak publicly about it.
Italy (LOCATION) Oldest Dairy Taps New Way to Borrow Against Aging Cheese Italy’s (LOCATION) Oldest Dairy Taps New Way to Borrow Against Aging Cheese (LOCATION) Brazzale SpA (ORG) Cassa Depositi (PERSON) Cherry Bank SpA (ORG)
Originally published by Bloomberg Markets Read original →

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