An investment agreement for Sirio

Ravenna: 10.09.24   We are pleased to inform you that Adastra Holding S.r.l. and Invitalia S.p.A. have signed an investment agreement that includes a joint participation in the share capital of Sirio S.p.A., with the aim of strengthening its financial structure and ensuring the preservation of employment levels.

This agreement, executed by Invitalia S.p.A. under the Business Safeguard Fund promoted by the Ministry of Enterprises and Made in Italy (MIMIT), aims to continue the restructuring project initiated by Adastra Holding S.r.l. in 2023, following the approval of the preventive concordat, thereby laying a solid foundation for the company’s future development.

The completion of this transaction will provide Sirio S.p.A. with new resources and platforms to consolidate its presence in the high-quality commercial catering market and will promote the development of new opportunities in the hospital channel, urban areas, shopping centers, and service areas.

Invitalia S.p.A is the national agency for the attraction of investments and business development, owned by the Ministry of Economy and Finance. In its role as manager of the Business Safeguard Fund, it actively supports Italian companies, contributing to their development and the protection of strategic employment levels. Adastra Holding S.r.l., a leader in the vending and coffee roasting sectors, will continue to support Sirio in achieving its growth and consolidation objectives.

Kind regards,

The Management Sirio S.p.A.