Feudi di San Gregorio Secures €5 Million Investment to Boost Wine Exports and Innovation

Cassa Depositi e Prestiti (CDP) and Finint Investments have invested a total of 5 million euros in Feudi di San Gregorio, a leading wine producer in southern Italy. The investment was made through the subscription of two bonds issued by Feudi di San Gregorio Spa, a company based in Sorbo Serpico, Avellino, and controlled by the Capaldo family. The operation aims to support the growth of a key player in the Italian wine sector and to promote innovation in the industry through new financial tools.

The bond issue is divided into two tranches. The first, worth 3 million euros and with a seven-year term, was subscribed by Finint Investments through its Fondo Pmi Italia III. The second tranche, valued at 2 million euros and with a six-year term, was subscribed by CDP. The financial structure of the operation is notable for its use of a non-possessory revolving pledge on the company’s wine inventory. This mechanism allows Feudi di San Gregorio to retain access to its stock, even as it is used as collateral, and to replace items as needed during production and business activities. This approach is considered well-suited to the wine sector, where inventory is a strategic asset that can increase in value as wine ages.

The proceeds from the bond issue will be used to support Feudi di San Gregorio’s business plan, with a focus on expanding both domestic and international markets and developing Borgo San Gregorio, the company’s wine resort located at its main winery. Founded in 1986, Feudi di San Gregorio manages over 300 hectares of vineyards across five Italian regions and works with more than 200 long-term grape suppliers. The company produces about 4 million bottles annually and exports to over 50 countries. In 2024, Feudi di San Gregorio reported revenues of 30.2 million euros and an EBITDA of 6.7 million euros.

Feudi di San Gregorio is certified as a B Corp and operates as a Società Benefit, reflecting its commitment to sustainability, innovation, and premium product lines. The company emphasizes strong ties to its local territory, environmental and social responsibility throughout its supply chain, biodiversity, and the promotion of native Campanian grape varieties such as Aglianico, Fiano di Avellino, and Greco di Tufo. The company has also launched the “Tenute Capaldo” project, which brings together several Italian wineries with a shared long-term vision for enhancing regional wine production.

Antonio Capaldo, president of Feudi di San Gregorio, expressed gratitude for the support from Finint and CDP, highlighting the importance of collaboration with financial partners during uncertain times. Vincenzo Paolo Carbonara, Head of Finance for Growth at CDP, described the operation as an innovative financial structure that leverages the value of inventory through non-possessory pledges. He noted that this model could serve as an example for other companies in the wine sector seeking new growth opportunities.

Luca Novati, Head of Private Debt at Finint Investments, said the operation demonstrates how private debt can effectively support leading Italian agri-food companies with tailored financial solutions. He emphasized the importance of the innovative guarantee structure and the partnership with CDP in supporting Feudi di San Gregorio’s development plans. Both CDP and Finint Investments see this initiative as a way to combine growth, sustainability, and the promotion of local territories within the Italian wine industry.