Ferrari Formaggi is taken over by Savencia, the French company that invented Caprice des Dieux

Ferrari Formaggi (a producer and packager of Parmigiano Reggiano, Grana Padano and GranMix) is set to pass into the hands of the French company Savencia, which has held a 49 per cent stake since 2010.
The news was confirmed to *Il Sole 24 Ore* by the Ferrari family themselves, owners of the historic company based in Ossago Lodigiano founded by Giovanni Ferrari, who is credited with the innovation of inventing GranMix fresh grated cheese in 1985.

Savencia (formerly Bongrain) has been part of the Ferrari group since 2010 and, through Ferrari, distributes some of its best-known brands in Italia, such as Caprice des Dieux, Camoscio d’Oro and Roquefort Papillon.

More than 180 million euros in turnover by 2025, an investment plan totalling 20 million by 2030, 160 employees at the head office in Ossago and two factories in the Parma area dedicated to Parmigiano Reggiano, today the company – which has been managed since 2019 by the founder’s daughters, Laura, Claudia and Silvia – aims to become an even more significant player in the Italian cheese sector, in Italia, across Europe and worldwide.

The transaction – which will be finalised once the necessary authorisations have been obtained from the relevant authorities – represents an “important step in the development process” for Ferrari – and demonstrates “the commitment of Savencia, Ferrari’s industrial and strategic partner since 2010, to invest in Italia and in the company’s future, by promoting its history, expertise, people, brands and strong roots in the local community’. Continuity – the family emphasises – is a central element of this new phase.

 Massimo Estrinelli will in fact continue to lead the company and Laura Ferrari will remain as Honorary Chair, ‘helping to preserve the link with the history, values and identity that have characterised Ferrari over more than two centuries of operation’.