Icr accelerates on innovation and production

Icr - Industria Cosmetiche Riunite accelerates innovation and production: the company, which has been active for 50 years in the selective perfumery sector for the production of perfumes and cosmetics on behalf of third parties, has received a EUR 10 million loan from Intesa Sanpaolo with Sace's Future Guarantee to support a major investment plan in research and development and the expansion of production lines.

The transaction with Intesa Sanpaolo, which is also the result of collaboration with Sace, contributes to consolidating Icr's investment plan to support the expansion of highly automated production and packaging lines, the R&D and microbiology laboratory, and the improvement of the integrated management of business processes.

"We are very pleased to have the important support of Intesa Sanpaolo and Sace, which will allow us to be even more innovative, competitive and performing, to confirm our Italian quality and excellence," says Roberto Martone, president of Icr.

Marco Franco Nava, Intesa Sanpaolo's regional director for Lombardy South, adds: "Icr testifies to the farsightedness of many companies that know how to invest in their own competitiveness and Intesa Sanpaolo accompanies them along this path of growth also with the programme "Your future is our business", thanks to which it is making EUR 30 billion available to Lombardy companies until 2026. This operation allows us to accompany Industrie Cosmetiche Riunite's entrepreneurial projects towards sustainability, inclusion and digitalisation'.